October 20, 2021

PC TECH THERAPY

PC Tech Therapy Blog by Daniyal Computer

Apple co-founder Steve Wozniak loses Bitcoin rip-off case towards YouTube

2 min read



A contemporary courtroom ruling stated that video webhosting large YouTube isn’t chargeable for cryptocurrency-related scams posted on its platform.

Apple co-founder Steve Wozniak did not enhance his lawsuit towards YouTube over an ad the usage of his symbol to advertise a faux Bitcoin (BTC) giveaway, Bloomberg reviews.

Santa Clara County Awesome Court docket Pass judgement on Sunil Kulkarnia stated in a tentative ruling Wednesday that YouTube and its guardian company Google are secure by way of Phase 230 of the Communications Decency Act — a federal legislation shielding web platforms from duty for content material posted by way of customers.

Wozniak sued YouTube in July final yr over a regular bogus crypto giveaway that mentioned that anybody who sends cryptocurrency to a undeniable deal with will obtain extra cryptocurrency in go back. The Apple co-founder argued that YouTube now not handiest failed to take away the fraudulent commercials however “materially contributed” to the rip-off by way of promoting centered commercials riding visitors to the movies and falsely verifying the YouTube channels that carried the movies.

“If YouTube had acted temporarily to prevent this to an affordable extent, we’d now not be right here now. What human would see posts like those and now not ban them as criminals in an instant?” he stated. Within the go well with, Wozniak reportedly famous that identical crypto scams on YouTube additionally capitalized on different tech celebrities like Microsoft co-founder Invoice Gates and Tesla CEO Elon Musk.

On the other hand, Pass judgement on Kulkarnia stated that the ones components weren’t sufficient to problem the immunity equipped by way of Phase 230. The pass judgement on gave Wozniak 30 days to check out to revise his criticism.

Wozniak isn’t the primary entrepreneur to lose his struggle towards bogus YouTube commercials. Closing July, YouTube attorneys filed a dismissal bid in a identical case introduced by way of primary crypto company Ripple Labs, arguing that the platform was once now not answerable for any content material — together with scams — equipped by way of 3rd events.

The newest courtroom ruling comes the similar day Google overturned its 2018 coverage banning crypto exchanges from the usage of its promoting services and products.