Gilbert Arenas pleaded not guilty at a downtown Los Angeles court on Wednesday after being arrested for alleged high-stakes illegal gambling activities and making false statements to federal authorities. Arenas paid a $50,000 bond to secure his release before posting a message on Instagram that he would become “Snitch Gil.”
While streaming on his “No Chill Gil” channel on Thursday, Arenas was asked to explain why he had allegedly snitched on his co-accused. The former Washington Wizards star responded:
“Ni**a, I ain’t rat yet. The case hasn’t started yet. How am I ratting already? Imma let you know when I do it! … They [federal authorities] better make me a deal early. I’m motherf**king ready. I don’t know the details. I wish I did. … Soon as they put me in the car, I would have told right there.”•
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The former Golden State Warriors guard said he likes his bed, so going to prison is out of the question.
The U.S. Attorney’s Office released a statement following the arrest of Arenas and five other individuals. Named “Agent Zero” in the indictment, Arenas is facing one count of conspiracy to operate an illegal gambling business, one count of operating an illegal gambling business, and one count of making false statements to federal investigators.
Arenas is facing 15 years in jail if convicted of all three charges. However, he proclaimed his innocence in an Instagram post on Wednesday following his release. Arenas said he knew nothing about the activities in the Encino mansion, which he claimed he only rented.
Gilbert Arenas laughed off his arrest and boasted about his quick release
Gilbert Arenas did not hold back in his first stream following his arrest and release from federal custody.
“Who do you think you got up in here," he said on the “No Chill Gil” channel (7:40 mark). "I’m not one of these regular pawn ni**as! … I’m not gonna be here long. Soon as the court opens up, they’re gonna see my name, click, click, click, and I’m out. I’m so smooth, paparazzi’s waiting outside. I’m free!”Arenas said none of his co-accused were released and that he told them “good luck” as he was “pretty sure” he wouldn’t be in court.
The court set Sept. 23 as the trial date.
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Edited by Michael Macasero