Web Analytics
Monday, September 16, 2024

Wozniak Loses Court Against YouTube In Cryptocurrency Fraud Case

Apple co-founder has failed to prove that the service was involved in the distribution of videos that attackers used to deceive users

Apple co-founder Steve Wozniak lost a lawsuit against video hosting YouTube in a cryptocurrency fraud case, Bloomberg reported . The businessman filed a lawsuit against the company back in July 2020, accusing the service of allowing the posting of fraudulent materials on his behalf.

In these materials, the attackers used the name of a businessman and other influential persons such as Bill Gates, Elon Musk and Michael Dell. Video hosting users were persuaded to send cryptocurrency to a specific address, promising to send twice as much in return.

Santa Clara County Supreme Court Justice Sunil Kulkarnia referred to US federal law, according to which Internet platforms are not responsible for content posted by users. 

Earlier, Wozniak argued that video hosting not only did not remove fraudulent videos for a long period of time, but also promoted their promotion by directing targeted traffic to them from other videos.

Related Articles

Stay Connected

3,477FansLike
4,500FollowersFollow
1,200FollowersFollow
3,912FollowersFollow
1,222SubscribersSubscribe

Earn Passive Income with the Best DeFi Staking Rewards

DeFi, staking, cryptocurrency, passive income, Aave, Curve Finance, Yearn Finance, PancakeSwap, SushiSwap, CoinMarketCap, Cointelegraph, best DeFi staking, DeFi staking platforms, how to choose a DeFi staking platform, DeFi staking risks, DeFi staking rewards, DeFi staking FAQ, DeFi staking tutorial, DeFi staking guide, DeFi staking for beginners
0
DeFi staking is a process of locking up your cryptocurrency assets in a protocol to earn rewards....

Best Crypto to Buy 2024

cryptocurrency, bitcoin, ethereum, binance coin, tether, cardano, best crypto, cryptocurrency investment, cryptocurrency trading, cryptocurrency market, cryptocurrency news, cryptocurrency analysis, cryptocurrency guide, cryptocurrency tips, cryptocurrency advice, cryptocurrency strategy, cryptocurrency portfolio, cryptocurrency future, cryptocurrency trends, cryptocurrency technology, cryptocurrency blockchain, cryptocurrency wallet, cryptocurrency exchange, cryptocurrency regulation, cryptocurrency taxation, cryptocurrency security
0
What is the best cryptocurrency to invest in 2024? This is a question that many people are...

Latest Articles

Random