There is no reason to believe that his parents' counsel was "do as many interviews as possible, admit to as much as possible, and try to convince the public you're both a genius and completely ignorant of the basics of running a business", as opposed to the standard legal advice of "shut up and wait and see what the charges and evidence are (and who you can plausibly blame it on)".

I imagine some very clever people advised him on compliance best practises and not gambling customer funds that he wasn't entitled to touch either, but that didn't mean his actions were the outcome of listening to that advice