Steve Wozniak, Apple’s co-founder, fails with his lawsuit versus YouTube over videos that used his photo to boost a fraudulent bitcoin giveaway.
YouTube and its parent company, Google, are secured by the federal law that safeguards internet platforms from accountability for content posted by users, a California state judge said in a tentative ruling on Wednesday.
Wozniak claimed in his lawsuit that Section 230 of the Communications Decency Act shouldn’t apply for the reason that YouTube not only neglected to delete the fake videos but “materially contributed” to the scam by selling directed ads steering traffic to the videos; and falsely authenticating the YouTube accounts that included the videos.
Judge Sunil R Kulkarnia from Santa Clara County Superior Court stated those circumstances weren’t sufficient enough to subdue the immunity provided by Section 230. The judge gave Wozniak 30 days to try to reconsider his complaint.
The fraudulent videos solicited Wozniak as the host of a live giveaway; guaranteeing that anyone sent in bitcoins would get double the number back.
According to the suit, the scam also utilized the names and images of other famous personalities. This includes Microsoft co-founder Bill Gates and Tesla Chief Executive Officer Elon Musk.
Cryptocurrency Scammers Stealing Millions
The scam is one of many concerning cryptocurrencies and bitcoin in recent times. In six months, investors lost $US2 million ($2.6 million) to fraudsters who impersonated Musk; the US Federal Trade Commission stated in a report released last month that the information meant to draw attention to a spike in crypto-scams.
The commission determined that nearly 7000 people lost a reported $US80 million ($103 million) overall from October through March. This is as part of numerous scams targeting investors in Bitcoin and other cryptocurrencies like Dogecoin, a nebulous marketplace that Musk has bullishly promoted on Twitter. The median amount that they lost was $US1900, according to the commission.
The case is Wozniak v YouTube LLC, 20CV370338, California Superior Court, Santa Clara (San Jose).
Related article that you may have missed:
📣 Cryptonetwork.News is now on Telegram. Please click [here] to join our channel and stay updated with the latest Cryptocurrency, Blockchain, and Cryptomining headlines.