Spotify removes 500000 false views of Malcolm Todd's song due to Kalshi betting manipulation

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According to Bloomberg, Spotify has removed over 500000 false views of Malcolm Todd's song "Earrings". Spotify's investigation found that the manipulation of views is related to the predictive market betting activities on the Kalshi platform, which attracted $3 million in trading volume. Kalshi announced Malcolm Todd as the winner and completed the settlement before the Spotify investigation was completed. Spotify has requested Kalshi and Polymarket to remove their logos and clarify that they have no partnership. Kalshi stated that he is cooperating with the investigation, but Polymarket has not responded.

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