Ripple CTO Sees YouTube Channel Suspended Amid Lawsuit

Published at: April 29, 2020

Ripple CTO, David Schwartz, reported that his YouTube channel was suspended on April 29. This news comes several days after his company filed a lawsuit against the social media platform, although the two events may not be related.  

"Weirdly, YouTube just decided to suspend my channel (SJoelKatz) for impersonation," Schwartz said in a Tweet. "I wonder who they think I was impersonating."

The suspension comes after Ripple's lawsuit against YouTube

The CTO's YouTube suspension occurred roughly eight days after his company, Ripple Labs, and company CEO, Brad Garlinghouse, filed a legal claim against the social video platform. 

The lawsuit stated that YouTube did not remove impersonators and nefarious parties advertising false giveaways of XRP, the crypto asset associated with the company. 

Such scams have plagued the crypto industry for years, in one form or another. The scams often include urging the public to send some amount of cryptocurrency, with the promise of receiving a larger amount in return. 

Schwartz's suspension comes during YouTube's crypto channel banning spree

Over the past several months, YouTube has banned a number of high-profile crypto YouTubers and videos, seemingly in waves. The platform subsequently restored many of the channels, sometimes after only one day of downtime. The problem, however, still reportedly persists.     

It is unclear whether the ban has anything to do with Ripple's recent lawsuit. Cointelegraph reached out to Schwartz and YouTube for comment, but received no response as of press time. 

In light of the recent bans, Cointelegraph recently reported on a number of decentralized social video platform alternatives. 

Tags
Xrp
Ban
Related Posts
Ripple ends YouTube lawsuit over XRP giveaway scams, says CEO
Ripple has ended its lawsuit against YouTube for the social media platform’s alleged complicity in a spate of fake XRP giveaway scams, CEO Brad Garlinghouse announced on March 9. Ripple and Garlinghouse filed a lawsuit against YouTube LLC in April 2020, claiming that the platform itself had profited from the fraudulent activity, and that it had failed to exercise its administrative powers to stop it. Garlinghouse announced on Twitter on March 9: “Last year, @Ripple and I sued @YouTube for failing to enforce its own policies by allowing fake accounts (impersonating my/Ripple’s verified accounts) to conduct XRP giveaway scams. We’ve …
Altcoin / March 10, 2021
Youtuber Explains How Crypto Scammers Took Control of His Account
The modus operandi of crypto scammers differ in each case as it happens with the rest, but this time, a popular Youtuber who has 2.43 million subscribers explained on August 20 how his channel was seized by hackers to launch an XRP fake giveaway campaign. According to a video published by David Damasceno, who runs Universo Curioso, cybercriminals took control of his account after receiving a contact request from an individual offering him a video editing tool. The fake software was called Zenium Editor, which also handles advertising revenues, and when Damasceno downloaded and installed the app, the damage has …
Altcoin / Aug. 23, 2020
Alleged Reinstatement Guru Explains YouTube Crypto Bans
YouTube has banned a number of crypto channels recently, often restoring them shortly after. Adam Charles, senior communications manager for DeFi solution, Kava, said he has been working to help these channels get back online. Charles stated that he works with multiple Telegram influencer groups to get these YouTube accounts back up. "We have developed a series of motions to cycle through when one's channel comes under fire," Charles told Cointelegraph. Charles added: "The first of which is to enter one of the Influencer telegram groups and ask if the takedowns are happening to anybody else. If it is, then …
Technology / April 22, 2020
Ripple Files Lawsuit Against YouTube: "Enough Is Enough"
Ripple Labs filed a lawsuit against Youtube LLC in the Northern District of California on Tuesday April 21. The case seeks damages for Youtube’s failure to stop XRP (XRP) scammers and impersonators. The plaintiffs, named as Ripple Labs and its CEO Brad Garlinghouse, are taking action against Youtube to “prompt an industry wide-behavior change and set the expectation of accountability,” according to an official company blog post. Ripple and Garlinghouse say the scam - often referred to as “The XRP Giveaway” — has already defrauded victims of “millions of XRP valued at hundreds of thousands of dollars”. The lawsuit lodges …
Altcoin / April 21, 2020
YouTube Scam Impersonates Ripple CEO Garlinghouse for Fake XRP Airdrop
Despite YouTube’s many aggressive actions against cryptocurrency-related content, the world’s most popular video-hosting website is apparently having trouble discovering a major scam account involving crypto. On March 23, the crypto community spotted a bogus YouTube account impersonating Brad Garlinghouse, CEO of major blockchain company Ripple, in order to promote a fake airdrop scam. Video containing fake XRP airdrop description was uploaded on YouTube on March 19 The apparent scam account has around 277,000 subscribers and contains only one video, which promotes a fake giveaway in the third-biggest cryptocurrency, XRP. Uploaded on YouTube on March 19, the video description promotes a …
Bitcoin / March 24, 2020