Last week, blockchain-based payment giant Ripple filed for YouTube on the grounds that fraudsters did not close their accounts and did not take necessary security measures. It has been the last straw for Ripple CEO Brad Garlinghouse that many times XRP investors have been defrauded by fake Ripple accounts on YouTube and YouTube has not taken any action.
Garlinghouse said in the statements he made on Twitter at the time that YouTube did not intentionally take action and took such a step due to the ad revenues in the videos. Now an interesting answer has been received by YouTube.
"Please be aware that you are prohibited from accessing, possessing or creating any other YouTube accounts." — Does this mean I can't watch any YouTube videos anymore?
— David Schwartz (@JoelKatz) April 29, 2020
YouTube appears to have suspended David Schwartz’s account as a fake account. It is also stated that the famous manager will not be able to create any YouTube accounts from now on. It is unknown if YouTube did this by mistake.