Steve Wozniak Wins Legal Battle Against YouTube Over Bitcoin Scam Videos
Apple co-founder Steve Wozniak has secured a victory in his legal battle against YouTube over manipulated videos involving him in a Bitcoin scam in 2020.
A San Jose appeals court overturned a previous ruling, allowing Wozniak to proceed with his lawsuit against YouTube.
This decision may prompt reforms in federal laws governing liability for content on video streaming platforms.
Wozniak, along with 17 others, sued YouTube and Google after doctored videos promoting a fake Bitcoin scam went viral.
The court criticized YouTube for providing verification badges to compromised channels and failing to remove them when scam videos were posted.
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This verdict holds YouTube accountable for contributing to fraudulent activities and challenges the protection offered by Section 230 of the Communications Decency Act.
Attorney Joe Cotchett emphasized the importance of the ruling in making social media giants like Google and YouTube accountable for their actions.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
