Spotify Confirms Streaming Fraud Linked to Prediction Markets
Spotify Confirms Streaming Fraud Linked to Prediction Markets Spotify has confirmed it found evidence of artificial streaming after a Kalshi trader flagged suspicious activity tied to music-chart prediction markets. The issue centered on Malcolm Todd’s “Earrings,” which briefly surged to No. 1 on Spotify’s U.S. chart before being pushed back after an internal review. Spotify said it removed more than 500,000 artificial streams that had inflated the track’s ranking. By the time the correction was made, Kalshi had already settled the market based on the earlier chart data. The situation has…
The excerpt is quoted from a public Telegram channel, which owns its text.