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crazystory

Počet zobrazení: 239
Diskutuje: 5
ChainWitness
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How did a random guy manage to scam Spotify out of more than $1,000,000… without anyone actually listening to his music? Spotify pays about $0.004 every time a song is played for at least 30 seconds, so this guy came up with a simple idea. He uploaded 467 tracks, each just over 30 seconds long, and then bought 1,200 Spotify Premium accounts to play his own songs 24/7 on repeat. Those accounts generated around 72 million streams every month, bringing in over $400,000 in royalties, while he was only spending about $12,000 on subscriptions to keep the system running. The crazy part is that nobody noticed for months. The streams looked legitimate, the accounts were real Premium users, and some of his playlists even climbed the global Spotify charts, with one reaching #11 in the U.S. By the time Spotify finally removed the tracks in 2017, he had already made more than $1 million. Years later, another man named Michael Smith tried the same idea using AI-generated music and around 10,000 bot accounts. That version made about $10 million, but the way he ran it crossed legal lines. In 2024 the U.S. Department of Justice arrested him, and he was forced to return $8 million. Same idea. Two people tried it. One walked away with $1M. The other is now waiting for sentencing. #Money #Tech #AI #Internet #CrazyStory
How did a random guy manage to scam Spotify out of more than $1,000,000… without anyone actually listening to his music?

Spotify pays about $0.004 every time a song is played for at least 30 seconds, so this guy came up with a simple idea. He uploaded 467 tracks, each just over 30 seconds long, and then bought 1,200 Spotify Premium accounts to play his own songs 24/7 on repeat. Those accounts generated around 72 million streams every month, bringing in over $400,000 in royalties, while he was only spending about $12,000 on subscriptions to keep the system running.

The crazy part is that nobody noticed for months. The streams looked legitimate, the accounts were real Premium users, and some of his playlists even climbed the global Spotify charts, with one reaching #11 in the U.S. By the time Spotify finally removed the tracks in 2017, he had already made more than $1 million.

Years later, another man named Michael Smith tried the same idea using AI-generated music and around 10,000 bot accounts. That version made about $10 million, but the way he ran it crossed legal lines. In 2024 the U.S. Department of Justice arrested him, and he was forced to return $8 million.

Same idea.
Two people tried it.

One walked away with $1M. The other is now waiting for sentencing.

#Money #Tech #AI #Internet #CrazyStory
Článok
😱I Sold My Bike… And Bought A Coin That Doesn’t Even Have A Website!!My friends laughed. But when it pumped 1000x, no one was laughing anymore. 🏍➡💰 > Sometimes, crazy moves change lives. 👇 Start your crypto journey NOW: 👉 Join Binance

😱I Sold My Bike… And Bought A Coin That Doesn’t Even Have A Website!!

My friends laughed.
But when it pumped 1000x, no one was laughing anymore. 🏍➡💰
> Sometimes, crazy moves change lives.
👇 Start your crypto journey NOW:
👉 Join Binance
After reaching nearly -$4.9B in cumulative net selling in early February, Binance’s 7-day taker flow has steadily recovered and flipped positive to around +$0.32B,” Crazzyblockk continued. #CrazyStory #crazyWeek
After reaching nearly -$4.9B in cumulative net selling in early February, Binance’s 7-day taker flow has steadily recovered and flipped positive to around +$0.32B,” Crazzyblockk continued. #CrazyStory #crazyWeek
BREAKING: $9.6 Trillion in U.S. Debt Is Coming Due And Markets Are Paying Attention $BTC VOLATILITY WARNING: Macro Storm About to Hit Markets Next week isn’t just busy — it’s explosive. Monday kicks off with a FOMC Vice Chair speech. Tuesday shifts focus to Japan’s trade balance. Then Wednesday brings the main event: the FOMC meeting. Thursday follows with the Fed’s balance sheet update, and Friday wraps it up with fresh U.S. GDP data.#CrazyStory #Latestcryptonews
BREAKING: $9.6 Trillion in U.S. Debt Is Coming Due And Markets Are Paying Attention
$BTC VOLATILITY WARNING: Macro Storm About to Hit Markets
Next week isn’t just busy — it’s explosive.

Monday kicks off with a FOMC Vice Chair speech. Tuesday shifts focus to Japan’s trade balance. Then Wednesday brings the main event: the FOMC meeting. Thursday follows with the Fed’s balance sheet update, and Friday wraps it up with fresh U.S. GDP data.#CrazyStory #Latestcryptonews
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