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As of the 2008 Games - Men's Basketball - 1) United States - 12 gold medals 2) Soviet Union - 2 gold medals 3) Yugoslavia and Argentina - 1 gold medal Women's Basketball - 1) United States - 5 gold medals 2) Soviet Union - 2 gold medals 3) Unified Team - 1 gold medal (The Unified Team was comprised of former Soviet Union republics and competed only at the 1992 Games in Barcelona).
No it is not, The Olympics are won and given to the country who bided the most for it.
USA won 104 total medals and 46 gold medals
Vitaly Shcherbo, representing the Unified Team, won 6 gold medals at the 1992 Summer Games in Barcelona. Men's individual all-around, team all-around, rings, pommel horse, parallel bars, and horse vault.
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