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Kalshi Alert Sparks Spotify Fraud Scrub of Malcolm Todd Streams

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Source: Stereogum
Kalshi Alert Sparks Spotify Fraud Scrub of Malcolm Todd Streams
Photo: Stereogum
TL;DR

Spotify confirmed fraud after a Kalshi trader flagged suspicious streaming data for Malcolm Todd's single “Earrings,” removing over 500,000 streams and dropping the track from #1 to #4 on the Global Daily chart. Kalshi had paid out bets based on the flawed data, while Spotify said it detects and mitigates manipulated streams and does not pay royalties; both Spotify and Kalshi are reviewing the matter to understand chart integrity and betting implications.

Topics:businessmusic#earrings#kalshi#malcolm-todd#music#spotify#streaming-fraud
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  1. Spotify Confirms Streaming Fraud After Kalshi Trader Flags Suspicious Malcolm Todd Numbers  Stereogum
  2. Spotify Challenges Prediction Markets After Song Chart Rigging  Bloomberg.com
  3. Spotify Confirms Streaming Fraud After Kalshi Trader Cries Foul  WIRED
  4. Spotify deletes streams of chart-topping song after suspicious Kalshi bets  Financial Times
  5. Spotify Pulls Streams On a Hit Song Over Alleged Fraud Tied to Kalshi Betting  Yahoo News UK

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