The legal team for Steve Wozniak, co-founder of tech powerhouse Apple, declared a lawsuit toward YouTube and their parent firm Google, claiming that the media companies neglected to take down deceitful videos that portrayed Wozniak. The videos were created in the idea of making Bitcoin funds.
Apple Demands Fairness and Justice
Wozniak stated that the videos were not only imitating him but also other key techs notable figures such as Elon Musk and Bill Gates in the purposes of acquiring Bitcoin (BTC) assets. The scam videos in question would represent images of Wozniak and deceived YouTube subscribers to believe that if they sent cryptocurrencies to an allocated wallet address, they would get twice the of their investment of BTC back. The Apple co-founder said in his lawsuit that YouTube should have been the one liable for take off the Bitcoin scam videos. Wozniak mentioned:
Wozniak filed the legal complaint under the pretense that YouTube and Google had several times disregarded the requests to take down crypto scam videos, and that they purposely promoted and gained of the fraudulent streams, by providing advertising on top of it. Joe Cotchett, part of the Apple co-founder’s legal team claimed, presented this dispute:
“WHEN TWITTER WAS HIT WITH A MASSIVE HACK OF 130 CELEBRITY ACCOUNTS, THEY WERE QUICK TO SHUT DOWN THE BITCOIN SCAM IN A DAY. IN A STARK CONTRAST, THE COMPLAINT ALLEGES THAT YOUTUBE KNOWINGLY ALLOWED THE BITCOIN SCAM TO GO ON FOR MONTHS PROMOTED IT AND PROFITED FROM IT BY SELLING TARGETED ADVERTISING.”
In the past, YouTube has claimed immunity under the federal Communications Decency Act, which rules that providers and distribution channels cannot be held liable for content posted by users on their platforms.
BTC Scams: YouTube joins Twitter
What Joe Cotchett has mentioned is that none other than the offensive Twitter hack attack that occurred last week, and that, strangely enough, went viral. With investors expecting that the price of Bitcoin will ride in the crypto market, Bitcoin scams are seemly growing common.
Last week, Twitter experienced from a similar BTC scam that was so successful and invasive that it locked down the platform for a while. The hack attack was unlike everything Twitter has ever experienced and created quite a wave, with multiple prominent personality’s verified accounts being compromised. World-famous verified accounts that were ceased ranged from Kanye West’s to political figures Joe Biden and Barack Obama’s Twitter, and similar messages appeared on all platforms.
The messages linked the hackers’ wallet address and were used to pass Bitcoin funds straight into the crypto scheme artists’ digital pockets.
Regrettably, YouTube still seems to be overlooked in terms of the platform which scam artists resort to the most. The video content platform has been receiving a lot of repercussions lately, not only from multimedia tech company Apple but also from other digital ecosystems that have filed lawsuits for the same reasons.
The Wave Rips Also At YouTube
In fact, earlier this week, cryptocurrency exchange Ripple’s legal team also filed a lawsuit against the video content platform for not taking down XRP crypto scam videos impersonating Ripple Labs Founder Brad Garlinghouse. The crypto exchange founder was even more angered by the fact that YouTube could benefit from paid ads that streamed on their platform, and that was created automatically with the scam videos.