Kalshi Trader Flags Spotify Streaming Fraud; Platform Confirms Issue
By
Kate Knibbs
13h ago· 4 min readenNews
Summary
A prominent Kalshi trader, Caleb Davies, who has made over $1 million on prediction markets by analyzing Spotify data, has become increasingly agitated about what he claims is obvious bot-fueled streaming fraud on Spotify. He is swearing off Spotify-related prediction markets until the issue is resolved, and Spotify has confirmed the existence of streaming fraud.
Source
bskyKalshi Trader Flags Spotify Streaming Fraud; Platform Confirms Issuewrd.cmKey quotes
· 2 pulledEvery single morning, I'm going in, downloading the data, and updating my projections.
One of Kalshi's most prominent traders tells WIRED he's swearing off Spotify-related markets until the issue is resolved.
One of Kalshi’s most prominent traders tells WIRED he’s swearing off Spotify-related markets until the issue is resolved.
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