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WSJ What’s News

What an FBI Probe Into Illegal Betting Means for the NBA

23 Oct 2025

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P.M. Edition for Oct. 23. More than 30 people, including Portland Trail Blazers head coach Chauncey Billups and Miami Heat guard Terry Rozier, were charged today in an investigation into illegal gambling, rigged poker games, and match-fixing in the NBA. We hear from WSJ sports reporter Jared Diamond about what this means for the league, and the role that legal gambling platforms may have played in the alleged crimes. Plus, in an exclusive, we report that President Trump has pardoned Binance founder Changpeng Zhao, which may pave the way for the world’s largest crypto exchange to return to the U.S. And struggling food company Beyond Meat became one of the most traded stocks in the U.S. yesterday. WSJ markets reporter Hannah Erin Lang joins to discuss why the company’s stock is the latest to become a meme, and what it means for the company in the long term. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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