Malik Beasley is no longer the target of a federal gambling investigation, according to his attorneys Steve Haney and Mike Schachter. Haney and Schachter told ESPN's Shams Charania that they were informed by the U.S. Attorney's Office for the Eastern District of New York that Beasley was not being investigated further as part of their probe.

"Months after this investigation commenced, Malik remains uncharged and is not the target of this investigation," Haney told ESPN. "An allegation with no charge, indictment or conviction should never have the catastrophic consequence this has caused Malik. This has literally been the opposite of the presumption of innocence."

The investigation into Beasley regarded irregular prop betting activity on rebounding props for a game in January 2024

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