Bitcoin

Kalshi Was Warned of Spotify Manipulation Before Settling $3.3M Market

A prominent Kalshi trader says he asked the exchange to delay a $3.3 million Spotify-market settlement while its enforcement team examined signs of artificial streaming. Kalshi paid the market minutes after its final response, a day before Spotify stripped 523,000 fraudulent streams from the winning song. Kalshi Settled a $3.3M Spotify Market Minutes After a…

Kalshi Was Warned of Spotify Manipulation Before Settling $3.3M MarketA prominent Kalshi trader says he asked the exchange to delay a $3.3 million Spotify-market settlement while its enforcement team examined signs of artificial streaming. Kalshi paid the market minutes after its final response, a day before Spotify stripped 523,000 fraudulent streams from the winning song. Kalshi Settled a $3.3M Spotify Market Minutes After a […]

Source: https://news.bitcoin.com/kalshi-was-warned-of-spotify-manipulation-before-settling-3-3m-market/