In a report released July 21, Joe Crochett, a representative from the Apple legal team explains, “When Twitter was hit with a massive hack of 130 celebrity accounts, they were quick to shut down the Bitcoin scam in a day. In a stark contrast, the Complaint alleges that YouTube knowingly allowed the Bitcoin scam to go on for months, promoted it, and profited from it by selling targeted advertising.”
Crypotcurrency scams the new normal
Cryptocurrency scams are nothing new. They’ve plagued social platforms for years now, but Wozniak’s legal team alleges a failure on YouTube’s part as compared to other companies who have also had issues with scammers in the past.
YouTube has defended their handling of the BTC scams, saying “We take abuse of our platform seriously, and take action quickly when we detect violations of our policies, such as scams or impersonation.”
Their Youtube Community Guidelines enforcement page also read, “In response to COVID-19, we’ve taken steps to protect our extended workforce and reduce in-office staffing. As a result, we are temporarily relying more on technology to help with some of the work normally done by human reviewers.”
