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Steve Wozniak Can’t Stop Bitcoin Giveaway Scams Using His Name – Federal Law Protects YouTube – Featured Bitcoin News


Apple co-founder Steve Wozniak has lost a lawsuit against YouTube over bitcoin giveaway scams using his name and image. The judge reportedly said that “YouTube and its parent, Google LLC, are protected by federal law that protects the Internet Platform from responsibility for content posted by users.”

Bitcoin giveaway scam continues on YouTube as Steve Wozniak loses lawsuit

Steve Wozniak has lost a lawsuit against YouTube over the bitcoin giveaway scams on the video-sharing platform fraudulently using his name and image. Bloomberg reported that Santa Clara County Superior Court Judge Sunil R. Kulkarni said in a tentative ruling on Wednesday:

Youtube and its parent, Google LLC, are protected by federal law that protects the Internet Platform from responsibility for the content posted by users.

Scammers are using YouTube to post videos that claim famous people are giving away bitcoin or other cryptocurrencies, such as ether. They promise to double the amount of bitcoins sent to them.

In addition to Wozniak, scammers have used the names and images of Tesla CEO Elon Musk, Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Richard Branson. He has also tapped some famous people in the crypto space, such as Coinbase CEO Brian Armstrong and Ethereum’s Vitalik Buterin. bitcoin news Reported In July last year, the Elon Musk bitcoin giveaway scam was worth millions of dollars.

Wozniak and 17 other fraud victims sued Youtube and Google in July last year. He argued in the lawsuit that Section 230 of the Communications Decency Act should not apply to his case because Youtube not only failed to remove the scam videos, but “materially contributed” to the scam.

Wozniak claimed that the video-sharing platform profited from the scam by selling targeted ads, driving traffic to the fraudulent videos, after falsely verifying scammers’ YouTube channels.

However, Judge Kulkarnia told Wozniak that those factors were not sufficient to overcome the immunity provided by Section 230. It gave the Apple co-founder 30 days to revise his complaint.

Do you think it is YouTube’s fault for allowing bitcoin giveaway scams to continue on its platform? Let us know in the comments section below.

image credit: Shutterstock, Pixabay, WikiCommons

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