On ESPN about five minutes ago they said that Margarito and his trainer have been suspended for 1 YEAR!
EDIT:
Margarito, trainer banned in U.S.
By Dan Rafael
http://www.ESPN.comThe California State Athletic Commission revoked the licenses of former welterweight champion Antonio Margarito and trainer Javier Capetillo on Tuesday after a foreign plaster-like substance was discovered inside the boxer's hand wraps before he faced Shane Mosley at the Staples Center in Los Angles on Jan. 24.
The panel rejected Margarito's plea of ignorance and Capetillo's insistence that he had simply made a mistake, voting 7-0 on both revocations.
The revocation means that neither can participate in boxing in the United States for at least one year. After a year, both would have to reapply for their licenses in California, where they would have to go through another hearing. There is no guarantee either would be re-licensed.
The punishment extends throughout the nation because commissions honor suspensions and revocations in other jurisdictions.
It is possible that Margarito could fight, and Capetillo could train, in another country, where regulators do not necessarily honor U.S. rules, such as in Mexico.
Before Margarito was knocked out in the ninth round, Mosley's trainer, Naazim Richardson, objected to the way Margarito's hands were wrapped.
When the wraps were cut off to be reapplied, officials found what was deemed a plaster-like substance inside each wrap. Margarito had his hands rewrapped and went on to lose the fight.