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Bitcoin scam secret scam busters. In this video i break down how blockchain works what bitcoin is the. I am sure most of us have heard that name before but is it a scam or could it be the currency of the future.
While the crypto community has been trying to battle these scams apple co founder steve wozniak recently sued youtube for allowing fraudsters to use his identity to carry out a bitcoin giveaway. Crypto giveaway scams have been surging every day. Youtube is not new to scams pertaining to cryptocurrencies.
Steve wozniak apple co founder and tech entrepreneur filed a lawsuit against google on wednesday over a youtube scam that allegedly used his name and likeness to convince viewers to send. This is an example of. I have been involved with bitcoin and cryptocurrencies on and off since 2013.
Here is another example of a fraudulent scam being perpetrated by more greedy individuals. According to the lawsuit filed in the superior court of the state of california. Steve wozniak is suing youtube for allowing scammers to use his name and likeness in phony bitcoin giveaways.
As well as mr wozniak the law firm cotchett pitre and mccarthy is also. The complaint alleges the vast scam is continuing on youtube with tens of millions of dollars in cryptocurrency stolen. Perhaps the most common type of cryptocurrency scam on youtube features a famous person often a technology entrepreneur like wozniak discussing bitcoin at a conference or other public venue.