dogecoin In a recent tweet, co-founder Jackson Palmer criticized video hosting giant YouTube for failing to block live streams of scams about Elon Musk.
Palmer said he managed to find many fraudulent publications simply by searching for Elon Musk’s name.
Dogecoin Founder Claims Youtube Doesn’t Remove Cryptocurrency Scam Videos To Avoid Losing Revenue
Palmer said he heard a theory that the real reason YouTube isn’t doing anything about this issue is that stopping Elon Musk’s scam posts is depriving him of ad revenue. “If that’s the case, it’s really depressing,” said the Dogecoin co-founder.
Genuinely baffled by this. If you go to YouTube, search “elon” and then under Filters select “Live”, its endless crypto scam streams.@TeamYouTube this is simple stuff, why can so accurately copystrike small creators but you can’t block these scammers streaming identical video? pic.twitter.com/YfInLZGCD0
— Jackson Palmer (@ummjackson) July 15, 2022
YouTube has faced a lot of criticism for failing to stop scam ads. Fake videos featuring Musk and other key figures are currently being watched by thousands of people.
Scammers often prey on their victims with promises that are too good to be true. cryptocurrency Trying to persuade him to send.
As Palmer pointed out, some such scam videos also show up in the suggestions sidebar.
Palmer finds it surprising that Ark Invest’s Cathie Wood has yet to contact YouTube to combat the cryptocurrency scam that uses her.
Blockchain company Ripple took the company to court for not removing the scam videos about CEO Brad Garlinghouse before signing with Youtube in 2021.
Similar crypto money fraud attempts are also seen a lot, especially on Twitter. Elon Musk had given up on buying the company due to the number of bot accounts on Twitter.
*Not investment advice.