Crypto Currency

Steve Wozniak sues YouTube over Bitcoin scam videos

Bitcoin scams are causing a lot of headaches right now. They’ve gotten so bad that an Apple cofounder has sued YouTube because of them. Steve Wozniak filed a this week against YouTube over a string of Bitcoin scam videos hosted on the website. The videos use Wozniak’s name and likeness to trick viewers into sending…

Bitcoin scams are causing a lot of headaches right now. They’ve gotten so bad that an Apple cofounder has sued YouTube because of them.

Steve Wozniak filed a this week against YouTube over a string of Bitcoin scam videos hosted on the website. The videos use Wozniak’s name and likeness to trick viewers into sending Bitcoin to the scammers by promising they’ll get sent even more Bitcoin in return.

Wozniak’s lawyers point out that while Twitter quickly responded to its own Bitcoin scam last week, they accuse YouTube of doing nothing in order to profit off the videos.

Seventeen other victims of Bitcoin scams have joined Wozniak to sue YouTube. They want YouTube to immediately take down the videos and warn users about these scam giveaways so they can be avoided. They also want YouTube to pony up an undisclosed amount for damages.

In a statement provided to , YouTube said that scams and impersonations are against the platform’s policies and the company works to remove them when it detects these violations.

The online video giant has previously defended itself against similar lawsuits by arguing that the company can’t be held a

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trading in US-listed stocks for eligible customers across the European Economic
Area, adding traditional equities to its existing cryptocurrency and tokenised
stock offerings.Eligible EEA customers
can now access more than 7,000 US equities under Kraken’s MiFID II
authorisation. The service is available through the desktop and mobile versions
of Kraken Pro…
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