Spotify Confirms Streaming Fraud After Kalshi Trader Flags Suspicious Malcolm Todd Numbers

    Posted by nicosloft04

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    13 Comments

    1. cloud_herder on

      Dudes, sports betting has been fucking bad but these prediction market things (fucking bet on *anything*) are **really** fucking bad…

    2. Sister_Winter on

      i didn’t realize malcolm todd was aubrey hobert’s brother. two rich, well-connected kids.

    3. It’s incredibly disturbing that one ā€œā€ā€traderā€ā€ā€ can manipulate Spotify’s free streams so easily in order to make some cash on a fake market that creates nothing of value and shouldn’t even be allowed to exist.

      And it’s so unethical how people can bet on things where there’s tons of people who have insider information — like betting on who attends a wedding or when an album will be announced is not something that should be allowed because there are lots of people who can find out that info and then make money off of it or sell it.

    4. Left_Boat_3632 on

      There has always been a 3rd party pay-for-play market on Spotify. Most of these services have been taken down, but some still remain. But Spotify itself now has discovery mode, which allows artists to pay 30% of their streaming royalties to Spotify in exchange for better placement on algorithmic playlists and Spotify radio.

      I’m sure there are services for bigger artists that aren’t available to smaller artists. The numbers for some of the big artists are ludicrous, and would only make sense if a large number of streams are botted.

    5. The way I thought ā€œKalshi Traderā€ was a person’s name…

    6. myghostflower on

      bruh, leave him alone 😭😭😭

      malcolm has been working his ass off and these betting bros are just dragging his name through the mud, like cmon now

    7. SeanSweetMuzik on

      I just heard the song out of sheer curiosity because I had never heard it before and I am like “all this drama over a song that is mid at best?”