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Apple (NASDAQ:AAPL) co-founder Steve Wozniak is still trying to get YouTube to take responsibility for a 2020 Bitcoin scam.
“Some people said they lost their life savings,” Wozniak said on a recent CBS “Sunday Morning” segment, disclosing that he was still pursuing a lawsuit he filed against YouTube in 2020. The lawsuit claims that the platform is culpable for losses in a scam that used a Wozniak video to trick people into parting with their Bitcoin.
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According to Wozniak, the scam video, which promised to double the Bitcoin viewers sent, remained on the platform despite his wife Janet Wozniak reporting it multiple times.
“We never got to YouTube; our lawyer has gotten to their lawyer, that’s all,” he told CBS.
YouTube parent company Google did not offer any details regarding the Wozniak case in response to a Benzinga request for comment, but stressed that the firm routinely took down fraudulent ads and videos.
“We remove fraudulent ads and videos that violate our policies and terminate the accounts of those who repeatedly post them,” Google spokesperson José Castañeda said. “We also have tools for users to report channels that are impersonating their likeness or business, which we take action on, as well as report individual ads and videos that are violating our policies directly from the watchpage.”
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Wozniak said his lawsuit against YouTube has stalled due to Section 230 of the Communications Decency Act.
“No provider or user of an interactive computer service shall be treated as the publisher or speaker of any information provided by another information content provider,” the provision reads.
Wozniak’s lawyer, Brian Danitz, told CBS that the provision “limits, if not totally, the ability to bring any kind of case against these social media platforms.”
Meanwhile, Danitz suggested that YouTube was not the only platform that needed to tighten up efforts to fight scams.
“Over $10 billion in AI scams are happening on the internet,” Danitz said. “Five billion dollars in cybercurrency scams on the internet. We get contacted every week by people who have been scammed on the internet.”
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“Look at spam, look at the phishing attempts just all over the place,” Wozniak said. “And there’s not enough real, I don’t know, muscle to fight it.”
The situation may get worse soon with rapidly advancing AI tools making deepfakes more sophisticated. Wozniak’s warnings offer a reminder to users, especially in the cryptocurrency space, to remain cautious even when using seemingly trusted platforms.
“You know, in retrospect it seems so obvious that this must be a scam,” one of the victims of the scam that used Wozniak’s video, Jennifer Marion, told CBS. “But in that moment, I was just comfortable at home, was on YouTube, a well-known platform. I was watching a video from a verified business. And in that moment, I viewed it like a business transaction.”
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This article ‘Some People Said They Lost Their Life Savings’—Apple Co-Founder Steve Wozniak Is Still Fighting YouTube Over A 2020 Bitcoin Scam originally appeared on Benzinga.com
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