The NBA currently lacks clear regulatory guidelines for prediction platforms on blockchain, and the involvement of the "Greek Brothers" as shareholders in Kalshi may fall into a gray area.
According to a report by The New York Times, since prediction platforms on blockchain are in an emerging field, the NBA federation currently has no clear regulatory framework, thus falling into a gray area.
NBA President Adam Silver will face a significant issue: whether the transformation of stars' own transfers into financial products violates regulations.
Reportedly, the "Greek Brother" Giannis Antetokounmpo specifically chose the moment after the player trade deadline closed to announce his stake in the sports prediction platform Kalshi Sports, at which point all bets were settled, avoiding direct compliance checks during the trading period.
Meanwhile, the betting volume on Kalshi regarding whether the "Greek Brothers" would leave the team before the deadline has reached $23.31 million, while the Milwaukee Bucks announced a few hours before the deadline that they would not trade "Greek Brother" this season. $BTC
