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

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Steve Wozniak’s lawsuit against YouTube, in which the Apple co-founder accused the video-sharing network of failing to prevent bitcoin frauds, has been dismissed.

Apple co-founder Steve Wozniak has lost his lawsuit against YouTube over bitcoin frauds in which he was involved almost a year after filing it. According to the Supreme Court Judge, the video-sharing site and its parent firm, Google, are protected by federal law.

Wozniak lost the BTC Scam Case Against YouTube

After multiple frauds involving his involvement, Apple’s co-founder decided to take action against YouTube in mid-2020. Bad actors impersonated Wozniak and pushed fake bitcoin giveaways on YouTube, which harmed many people.

Wozniak recruited Cotchett, Pitre & McCarthy, a law firm, to file a case against the world’s largest video-sharing site. He said that not only has YouTube failed to stop these scams, but that it has also “materially contributed” to them by selling targeted advertising that drives traffic.

Judge Sunil Kulkarni of the Santa Clara County Superior Court decided to favor YouTube and its parent firm Google on Wednesday. According to the judge, the video-sharing site is protected by federal legislation, which exempts internet companies from liability for user-generated content.

Furthermore, Judge Kulkarni stated that Wozniak’s claims were insufficient to overcome Section 230 immunity. Apple’s co-founder, though, has 30 days to try to alter his argument.

It’s worth mentioning that Wozniak isn’t the first star who’s been duped. Elon Musk, Kanye West, and Bill Gates were among the other notable names impersonated by fraudsters.

The Battle of Ripple vs. YouTube

The blockchain-based payment processor also ran afoul of YouTube, with its CEO, Brad Garlinghouse, being impersonated in a series of phony XRP giveaways.

Their case was resolved in March, with neither party providing any additional information. While acknowledging that the specifics of the settlement remain private, Garlinghouse expressed YouTube’s intention to combat the rising threat of such frauds.

He claimed at the time that both parties had reached an agreement to combat the scams. Ripple’s forensics team has also promised to assist in the detection and tracking of stolen cash.

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