AfterDawn: Tech news

Steve Wozniak sues YouTube over Bitcoin scams

Written by James Delahunty @ 23 Jul 2020 9:47

Steve Wozniak sues YouTube over Bitcoin scams Apple co-founder Steve Wozniak has joined with others in a lawsuit targeting YouTube over fake Bitcoin giveaways on the platform.
High profile Twitter users were the targets of a hack pushing a Bitcoin scam a week ago. Out of the blue, several verified users of Twitter - including President Barack Obama, Bill Gates, Elon Musk, and others - seemed to tweet about a Bitcoin giveaway. Twitter responded rapidly by removing the tweets and launched an investigation.

However, Twitter is not the only platform where crypto scammers operate. YouTube also hosts videos of fake Bitcoin giveaways or promotions that use images of famous people. One of those people is Steve Wozniak, and he has called out YouTube for its lackluster response to the problem.

He contrasted the response of Twitter to the recent hack which came on the "same day" and said, "YouTube has been unapologetically hosting, promoting, and directly profiting from similar scams."

The scams trick targets into sending Bitcoin to an address with the expectation that will get it back and more. Of course, they don't receive any funds in return. Some of the victims of the scam then reach out to people like Steve Wozniak, demanding their Bitcoin back.



The lawsuit, was filed in state court in San Mateo County, California, asks the court to order YouTube and parent Alphabet Inc. to remove the videos immediately and warn users about the scams. It also seeks compensatory and punitive damages.

Read more: bloomberg.com

Previous Next  
Comments have been disabled for this article.

Latest news

VLC hits milestone: over 5 billion downloads VLC hits milestone: over 5 billion downloads (16 Mar 2024 4:31)
VLC Media Player, the versatile video-software powerhouse, has achieved a remarkable feat: it has been downloaded over 5 billion times.
1 user comment
Sideloading apps to Android gets easier, as Google settles its lawsuit Sideloading apps to Android gets easier, as Google settles its lawsuit (19 Dec 2023 11:09)
Google settled its lawsuit in September 2023, and one of the settlement terms was that the way applications are installed on Android from outside the Google Play Store must become simpler. In the future, installing APK files will be easier.
8 user comments
Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets (06 Jun 2023 9:19)
Roomba Combo j7+ is the very first Roomba model to combine robot vacuum with mopping features. And Roomba Combo j7+ does all that with a very clever trick, which tackles the problem with mopping and carpets. But is it any good? We found out.
Neato, the robot vacuum company, ends its operations Neato, the robot vacuum company, ends its operations (02 May 2023 3:38)
Neato Robotics has ceased its operations. American robot vacuum pioneer founded in 2005 has finally called it quits and company will cease its operations and sales. Only a skeleton crew will remain who will keep the servers running until 2028.
5 user comments
How to Send Messages to Yourself on WhatsApp How to Send Messages to Yourself on WhatsApp (20 Mar 2023 1:25)
The world's most popular messaging platform, Meta-owned WhatsApp has enabled sending messages to yourself. While at first, this might seem like an odd feature, it can be very useful in a lot of situations. ....
18 user comments

News archive