Kalshi Alert Sparks Spotify Fraud Scrub of Malcolm Todd Streams
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.