Tekashi69 Busted by Feds for Racketeering ... Facing Life in Prison

EXCLUSIVE

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6:54 PM PT -- Legal docs -- obtained by TMZ -- detail some of the charges Tekashi has been indicted on and why prosecutors want the judge to deny him bail. Prosecutors say in April, Tekashi waited in a car outside an NYC office building and recorded while his manager and other associates robbed some of Tekashi's rivals.

The incident where shots were fired at Barclays Center is also detailed ... and describes earlier in the night, Tekashi was present while someone from his crew fired multiple shots at another vehicle. Finally, the docs describe an incident in July where Tekashi allegedly ordered a hit on a rival ... a move that left one person shot in the foot.

imageThere's also a photo of the gun recovered at Tekashi's Brooklyn home back in September by the feds, an AR-15 style rifle.

Tekashi will be back in court Tuesday to ask a judge for bail.

5:45 PM PT -- A courtroom sketch of Tekashi's arraignment has been released, and it looks like he was wearing his rainbow hair in pigtails and rocking a yellow outfit. We'll say this ... the artist definitely captured Tekashi's look better than that Tom Brady drawing did a few years back. Not quite as good as Paul Manafort's, though. 

How does Paul Manafort get a better courtroom sketch than Tom Brady pic.twitter.com/2iSyOWxZql[1]

— Josh Billinson (@jbillinson) July 31, 2018[2]

4:49 PM PT -- Tekashi has been denied bail for now and will remain in custody pending trial. His attorney,

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