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Steve Wozniak Blames YouTube for Fake Crypto Ad Scam

by Catatonic Times
August 12, 2025
in Altcoin
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YouTube has been accused of not doing sufficient to cease a Bitcoin


BTC

$118,492.61

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

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

Wozniak advised CBS Information, “Some folks mentioned they misplaced their life financial savings. That’s a criminal offense. A very good particular person, in the event you see a criminal offense taking place, you step in and attempt to cease it”.

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

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

Wozniak filed a lawsuit towards YouTube in 2020. It claimed that the corporate didn’t take away the pretend content material in a well timed method.

He additionally pointed to the rising variety of pretend messages and impersonation makes an attempt on-line. He mentioned, “Take a look at spam, have a look at the phishing makes an attempt simply in every single place. And there is not sufficient actual, I do not know, muscle to combat it”.

On August 5, SentinelLABS reported that outdated YouTube channels that after posted tech or crypto movies are getting used to advertise a rip-off.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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