Steve Wozniak Lost The BTC Scam Case Against YouTube

Apple’s co-founder Steve Wozniak lost the Bitcoin scam case against YouTube where he alleged that the video-sharing platform failed to prevent such scams as we read more in our latest Bitcoin news today.

A year after undertaking legal action against the most popular video-sharing platform over a Bitcoin scam, Apple’s co-founder Steve Wozniak lost the case as the Supreme Court Judge said that YouTube and Google were protected by federal law. As reported back in 2020, Wozniak entered into war with YouTube after numerous scams involved him, or more specifically, bad actors impersonated Wozniak and promoted fake BTC giveaways on the platform which targeted countless victims.

Wozniak hired Cotchett, Pitre, and McCarthy law firm to open a lawsuit against the world’s biggest video-sharing platform and argued that YouTube failed to stop the frauds from happening but also contributed to the scams by selling the targeted ads that boosted traffic. However, the Santa Clara Country Superior Court Judge Sunil Kulkarni ruled in favor of Youtube and Google as its parent company. The Judge said that the platform is protected by federal law that protects internet platforms from responsibility for content posted by users. Also, the judge noted that Wozniak’s arguments weren’t substantial to overcome the immunity that was provided by Section 230. however, Wozniak has 30 days to revise the case.

The increase in the number of fake bitcoin giveaways on Youtube that involve different celebrities pushed Apple’s co-founder Steve Wozniak to file a lawsuit against the YouTube platform and Google too. Fake BTC giveaways are a growing threat in the crypto industry as the scammers started live streaming videos pretending to be famous individuals or companies that offer doubling all BTC funds that the victims send to their addresses. All victims, of course, fall for these activities but never get the promised funds.

It’s worth noting that Wozniak is not the only celebrity that was involved in similar scams as some of the other famous names that were impersonated by scammers included Kaney West, Bill Gates, Elon Musk, and others. Ripple also went against YouTube as its CEO Brad Garlinghouse was impersonated on a few occasions in a fake XRP giveaway. The lawsuit ended in March where both parties settled the issues without having to disclose further details. While admitting that the settlement terms were confidential, Garlinghouse noted that YouTube wanted to take action against the scams that are thriving on such platforms. He asserted that at the time, both parties had understood to fight these frauds, and also Ripple pledged to help detect and to track the stolen funds.

Source: https://www.dcforecasts.com/bitcoin-scams/steve-wozniak-lost-the-btc-scam-case-against-youtube/