1 August 2026
YouTube Said We Are Not At Fault For Cryptocurrency Scams
YouTube said that they are not responsible for all the crypto scams, in moving Monday to dismiss a lawsuit by Ripple Labs Inc.
Section 230 of the Communications Decency Act “categorically bars” such suits, Youtube said in the U.S. District Court for the Northern District of California.
Youtube stated that according to a section of the 1996 law stating that computer services shouldn’t be treated as the publisher or speaker of other providers’ content.
A YouTube spokesperson said,
“We take abuse of our platform seriously and take action quickly when we detect violations.”
Back in April, Ripple accused YouTube that it was not able to stop giveaways” that encouraged viewers to send XRP, the blockchain company’s digital currency.
Ripple claimed that the scam took away hundreds of thousands of dollars from victims, and damaged Ripple’s brand and the image of CEO Bradley Garlinghouse.
To which Youtube responded that there’s “no plausible allegation” the video-sharing platform used Garlinghouse’s identity and the claims were not enough to hold YouTube responsible for the scams.
As per Ripple's claim, YouTube granted a verification badge to one of the hacked channels and also profited from the scams by “knowingly selling” paid ads on behalf of the fraudsters impersonating Ripple.
Youtube denied the claims and said those badges did not change the third-party content into material that the social media giant created or developed, adding that its “unwitting verification” of the scam account was not itself unlawful.
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