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Apple’s Co-Founder Steve Wozniak Loses Bitcoin Scam Case Against YouTube

Apple's Co-Founder Steve Wozniak Loses Bitcoin Scam Case Against YouTube
Written by publisher team

Nearly a year after legal action was taken against YouTube over bitcoin scams with his participation, Apple co-founder Steve Wozniak has lost the case. The Supreme Court judge said the video-sharing platform and its parent company Google are protected by federal law.

Wozniak Lost BTC Scam Case Against YouTube

as Potato encryption In the middle of 2020, the co-founder of Apple decided to act against YouTube after several scams with his participation. More specifically, the bad actors impersonated Wozniak and promoted false bitcoin giveaways on YouTube, which targeted countless victims.

Wozniak has hired law firm Cotchett, Pitre & McCarthy to open a lawsuit against the world’s largest video-sharing platform. He argued that YouTube not only failed to stop these scams, but also “substantially contributed” to the scams by selling targeted ads that drive traffic.

However, Santa Clara Supreme Court Judge Sunil Kulkarni ruled in favor of YouTube and parent company Google on Wednesday. The judge said the video-sharing platform is protected by federal law that protects online platforms from liability for content posted by users.

Furthermore, Judge Kulkarni noted that Wozniak’s arguments were not sufficient to overcome the immunity provided by Section 230. However, the Apple co-founder has 30 days to attempt a review of his case.

Steve Wozniak.  Source: BusinessInsider
Steve Wozniak. Source: BusinessInsider

It is worth noting that Wozniak is not the only celebrity implicated in such scams. Other famous names that scammers have taken on include Elon Musk, Kanye West and Bill Gates.

Ripple’s battle against YouTube

Blockchain-based payment processor YouTube has also come across as its CEO, Brad Garlinghouse, has been impersonated on multiple occasions in bogus XRP giveaways.

Their lawsuit ended in March as the two parties settled the cases without disclosing further details. While acknowledging that the terms of the settlement are confidential, Garlinghouse made clear YouTube’s desire to take action against the growing threat of such scams.

He stressed at the time that the two sides had reached a mutual understanding to combat these frauds. Moreover, Ripple’s forensic team is also committed to helping detect and trace the stolen funds.

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