Former NBA player Malik Beasley entered a not guilty plea on Wednesday to four federal counts in the Eastern District of New York. The charges stem from allegations that he coordinated with sports bettors to manipulate player prop markets across four contests.
Federal Indictment and Alleged Coordination
Federal prosecutors allege that Beasley worked alongside gamblers to influence betting lines tied to individual player statistics. Two other former league athletes, Ed Davis and Damon Jones, are reportedly connected to the same arrangement. The group is accused of attempting to generate profits by adjusting prop outcomes before placing wagers.The indictment outlines the federal investigation into the betting coordination. Gambling Insider first reported the court appearance and the associated charges. The case remains under review as legal proceedings move forward.