
Former NBA player Malik Beasley sold autographed jerseys on TikTok while facing federal gambling fraud charges and planning a guilty plea for stat manipulation. The auction highlighted his reported multimillion-dollar betting losses and financial disputes. Next court date is December 9 in Brooklyn.
SCCG Take — The matter shows how gambling debts can destabilize even well-paid athletes, reinforcing the need for operators to maintain strict integrity monitoring in NBA betting markets.
Former NBA player Malik Beasley hosted a TikTok livestream to sell autographed game-worn jerseys while confronting multiple federal charges tied to a gambling scandal that produced more than three dozen arrests.
Beasley, who plans to plead guilty to intentionally manipulating his statistics to skew betting odds, conducted an impromptu auction that included a Denver Nuggets shirt from his rookie years. He promised to sign each item and add the buyer's name but refused to sell his Timberwolves jersey, citing personal plans for the item.
Transactions used TikTok's virtual Galaxies, each worth 1,000 coins and valued at roughly $10 to $15. The auction drew genuine buyer interest and appeared successful, though social media comments ranged from sympathy for his reduced circumstances to mockery of his gambling past.
Beasley has lost significant sums to gambling and borrowed money from a former teammate to cover millions of dollars in debts. He has also faced disputes with a Detroit landlord, a Milwaukee barber, and a Minnesota dentist, signaling ongoing instability.
As reported by GamblingNews, the case is still pending. In October, his lawyer indicated Beasley would plead guilty in hopes of securing a lighter sentence. He faces charges of bribery in sporting contests, conspiracy to commit wire fraud, conspiracy to commit honest services wire fraud, and conspiracy to commit money laundering. Beasley could still face several years in prison. His next hearing is scheduled for December 9.
Gaming, betting and prediction markets — the desk’s read, every weekday.
Subscribe →