Stephanie StaceyJul 3, 2026 – 4.00pmLondon | Spotify has removed more than half a million streams of a song that shot to number one on its US chart after discovering that the surge in streaming coincided with a jump in suspicious wagers on prediction market Kalshi.US streams of Earrings, an indie-pop track by singer-songwriter Malcolm Todd, rose almost 70 per cent between Sunday and Monday on Spotify. That propelled the song, first released in 2024, to number one on the platform’s daily US chart.Financial TimesSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Spotify deletes streams of No.1 song after suspicious Kalshi bets
The platform has removed more than 500,000 streams of Malcolm Todd’s track Earrings on concerns online traders propelled the song to the top of the charts.
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