Steve Wozniak Files Lawsuit Against YouTube Over Fake BTC Giveaways

The Apple co-founder Steve Wozniak files lawsuit against YouTube following Ripple’s example for not taking actions to prevent fake Bitcoin giveaways. In our cryptocurrency news today, we take a closer look.

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.

Some of the most popular figures in the crypto industry are used by scammers to make a financial gain and defraud people and some of the most prominent figures include Bill Gates, Elon Musk, and now Apple’s co-founder Steve Wozniak. However, the last one decided to use the platform and Google as well. According to the announcement from the law company Pitre & McCarthy, Wozniak urged YouTube a few times to take down a fraudulent video but the video-sharing platform was unresponsive:

 “If YouTube had acted quickly to stop this to a reasonable extent, we would not be here now. YouTube, like Google, seems to rely on algorithms and no special effort requiring customer software employed quickly in these cases of criminal activity. If a crime is being committed, you MUST be able to reach humans capable of stopping it. What human would see posts like these and not ban them as criminal immediately?”

Seventeen other victims of similar scams joined the lawsuit and they asked the court to order YouTube and the parent company to remove all the videos immediately and to warn users of fake giveaways. They have also demanded compensatory and punitive damages but YouTube still hasn’t responded to the lawsuit. The larger number of fake Bitcoin giveaway scams can also involve some of the most popular individuals and companies within the crypto community and this was the case with Ripple’s CEO Brad Garlinghouse. He filed a lawsuit against YouTube back in April and he blamed YouTube for not taking the needed actions to confront the scammers:

 “It’s time to end this unacceptable behavior and protect our friends, family members, and consumers everywhere. YouTube and other big technology and social media platforms must be held accountable for not implementing sufficient processes and for fighting these scams.”