Apple co-founder loses Bitcoin lawsuit against YouTube
The Apple co-founder had filed a lawsuit against YouTube regarding Bitcoin fraud, and now the court has given Wozniak 30 days to review his complaint.
A recent court ruling said that YouTube was not responsible for cryptocurrency-related scams posted on its platform.
Apple co-founder Steve Wozniak did not support the lawsuit he filed against YouTube over an advertisement his image used to promote a fake Bitcoin (BTC) lottery, Bloomberg reported.
Santa Clara County Superior Court Judge Sunil Kulkarnia said in an interim ruling Wednesday that YouTube and its parent company Google are protected by Section 230 of the Communications Ethics Act, a federal law that protects internet platforms from liability for content posted by users.
Wozniak sued YouTube in July last year for a typical bogus cryptocurrency reward stating that anyone who sends cryptocurrency to a specific address will receive more in return. The Apple co-founder argued that YouTube not only failed to remove fake ads, but financially contributed to the scam by selling targeted ads that drive traffic to videos and falsely verifying YouTube channels that streamed the videos.
If YouTube had acted quickly to stop this to a reasonable extent, we wouldn’t be here now. Who wouldn’t see posts like this and immediately ban them as criminals?
In the lawsuit, Wozniak noted that similar crypto scams on YouTube also benefited other celebrities such as Microsoft co-founder Bill Gates and Tesla CEO Elon Musk.
However, Judge Kulkarnia said these factors were not sufficient to challenge the immunity afforded by Section 230. The judge gave Wozniak 30 days to review his complaint.
Wozniak is not the first entrepreneur to lose the battle against fake YouTube ads. Last July, YouTube lawyers filed a dismissal proposal in a similar lawsuit filed by major crypto firm Ripple Labs, arguing that the platform was not responsible for any content, including fraud, provided by third parties.
The latest court ruling came the day that Google overturned its 2018 policy banning crypto exchanges from using advertising services.