Spotify Demands Logo Removal From Kalshi and Polymarket Over Chart Manipulation
2026-07-03 18:52

Woofun AI reports that Spotify has instructed prediction market platforms Kalshi and Polymarket to remove its logo and clarify the absence of any partnership. This directive follows the discovery of chart manipulation involving fake plays, which were utilized to determine contract settlements on these platforms.

Spotify identified and eliminated over 500,000 anomalous streams that artificially propelled Malcolm Todd's song "Earrings" to the top of the US chart. This manipulated data subsequently settled a Kalshi contract regarding the "June US Spotify Top Song," which recorded approximately $3 million in trading volume.

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Tags:
Malcolm Todd
Spotify
Kalshi
Polymarket
BlockBeats
Bloomberg
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