Gaeten Dugas Exposes Spotify Streaming Fraud That Broke Kalshi Markets | Prediction Market Movers

On this episode of Prediction Market Movers, host Chris Gerlacher sits down with top 100 Kalshi trader Gaeten Dugas to break down how suspicious Spotify streaming activity allegedly manipulated prediction markets, and what the data reveals about coordinated botting campaigns. The conversation explores how fraudulent Spotify streams affected Kalshi Culture Markets, why Ella Langley appeared destined to win before unexpected market shifts, and how traders identified unusual U.S.-only streaming spikes tied to specific artists. They also discuss the broader implications for prediction markets, market integrity, regulation, and the CFTC, including the growing challenge of third-party manipulation, flawed resolution sources, and what exchanges like Kalshi may need to change moving forward. 👉 Subscribe to Prediction Market Movers for weekly conversations with traders, legal experts, entertainers and industry insiders shaping the future of prediction markets. For more information on the Prediction Edge and the 2026 midterms visit www.predictionedge.com 0:00 - Intro 1:30 - Spotify stream market 3:15 - Timeline of issues 24:00 - Kalshi’s resolution 28:05 - Kalshi’s response 30:00 - Spotify’s updated figures 33:30 - How should Kalshi adjust? 36:30 - Cleaning up market resolution 38:45 - 3rd party manipulation #PredictionMarketMovers #PredictionMarkets #Kalshi #Spotify #SpotifyStreams #MarketManipulation #Polymarket #Crypto #StreamingFraud #PredictionNews #Trading #CFTC #MarketIntegrity #MusicIndustry #ElectionMarkets