Wozniak Blasts YouTube Over Bitcoin Scam Impersonation

Wozniak Calls Out YouTube's Inaction on Crypto Scam

Apple co-founder Steve Wozniak has publicly condemned YouTube for hosting a Bitcoin scam video that uses his image and voice to mislead viewers. The scam, which promises to double any Bitcoin sent to a specific address, has reportedly cost some victims their life savings.

Wozniak's wife, Janet, was alerted to the scam after receiving inquiries from victims seeking the return of their funds. The video in question features footage of Wozniak discussing Bitcoin, edited with a fraudulent overlay promoting the bogus "double your Bitcoin" scheme.

Despite repeated requests, YouTube allegedly failed to remove the video, prompting Wozniak's legal team to intervene. This isn't the first time Wozniak has taken action against YouTube for similar scams; he filed a lawsuit in July 2020 on behalf of defrauded individuals.

Wozniak expressed disappointment with the internet's evolution, stating that while it initially held promise, it has become a tool for exploitation and control. The rise of AI-powered deepfakes further exacerbates the problem, making it increasingly difficult for users to discern authentic content from fraudulent impersonations.

Key Takeaways:

• Be extremely cautious of online cryptocurrency investment opportunities.
• Verify the legitimacy of any investment offer, especially those promising guaranteed returns.
• Be wary of content featuring public figures promoting crypto schemes.
• Deepfakes and AI-generated content are increasingly sophisticated.

It is important to remain vigilant and skeptical when engaging with online content, especially in the rapidly evolving world of cryptocurrency.