Aug 14, 2013, 9:06 PM EST
Two days after a yearlong federal investigation resulted in his arrest, D.C. Assault co-founder Curtis Malone was indicted by a federal grand jury on charges of drug trafficking Wednesday.
Malone pleaded not guilty to the charges, and if convicted he faces anywhere from five to forty years behind bars as well as a fine ranging from $5 million to $25 million. Malone remains behind bars at present time, and the next hearing in the trial is scheduled for August 21.
The hope of Robert Bonsib, Malone’s attorney, was to get him released on bond but the judge did not grant this at the conclusion of the hearing.
“Our first interest is trying to get Mr. Malone released so he can be back with his family,” Malone’s attorney, Robert Bonsib, said in a telephone interview. “The test is whether if released he would represent a risk of flight or a danger of being involved in ongoing criminal activity and I think the answer to both of those is, ‘No.’ Obviously we could not convince the judge of that today.”
On Monday the D.C. Assault program announced that Malone would no longer be connected with the organization, also pointing out that he hadn’t been involved with the day-to-day operations for quite some time.
D.C. Assault has produced many players who have gone on to excel at both the collegiate and professional levels of basketball since being founded by Malone and current Oklahoma City Thunder vice president and assistant GM Troy Weaver in 1993.
According to the Washington Post, Under Armour is still gathering facts as it determines whether or not to continue its sponsorship of D.C. Assault.
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