Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
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.
Don’t Miss:
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.”
Trending: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — and you can too at just $2.90/share.
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.
