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Steve Wozniak Blames YouTube for Fake Crypto Ad Scam

August 17, 2025
in Altcoin
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YouTube has been accused of not doing sufficient to cease a Bitcoin


BTC

$116,225.42

rip-off that featured Apple co-founder Steve Wozniak.

The scheme used precise footage of Wozniak discussing Bitcoin and edited it to look as if he was endorsing the supply. It tried to trick viewers into sending cryptocurrency, which promised they’d obtain double the quantity in return.

Wozniak informed CBS Information, “Some individuals stated they misplaced their life financial savings. That’s a criminal offense. A superb individual, if you happen to see a criminal offense occurring, you step in and attempt to cease it”.

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He found the rip-off after his spouse, Janet, obtained a message from somebody who had despatched Bitcoin and was asking after they would get it again. Janet stated:

They took an actual video of Woz speaking about Bitcoin. Then they added a pleasant body with a Bitcoin tackle, and stated he’d ship again double no matter you gave.

Wozniak filed a lawsuit towards YouTube in 2020. It claimed that the corporate did not take away the faux content material in a well timed method.

He additionally pointed to the rising variety of faux messages and impersonation makes an attempt on-line. He stated, “Have a look at spam, take a look at the phishing makes an attempt simply in all places. And there is not sufficient actual, I do not know, muscle to struggle it”.

On August 5, SentinelLABS reported that previous YouTube channels that after posted tech or crypto movies are getting used to advertise a rip-off. How? Learn the total story.



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Tags: BlamescryptofakescamSteveWozniakYouTube
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