According to court documents filed July 3, YouTube has been added as a defendant in a class action lawsuit against BitConnect.
YouTube is said to have failed to delist and demonetize the published videos, which exposed “countless” YouTube users to injurious videos and illegally-promoted investments.
The top ten BitConnect affiliates on YouTube reportedly posted more than 70,000 hours of unedited content, which generated 58,000,000 views.
Notably, a fair number of users notified YouTube of fraudulent activity by BitConnect, posting videos with titles such as “How bitconnect scam works in great detail,” “Craig Grant Explains the Bitconnect scam,” and others.
Instead, YouTube allegedly accepted a growing number of BitConnect-related videos, which resulted in numerous victims, including many members of the Class.
News Youtube has been dragged into a class action lawsuit against Bitconnect for failure to protect its users from being exposed to the scam’s videos. Also Read: No Insider Trading, Market Manipulation and Misleading Ads – Malta’s New Crypto Law Youtube to Blame for Bitconnect? Youtube has been added as a defendant in a class
It has been some time since any new developments occurred in the ongoing Bitconnect lawsuits. In a rather surprising turn of events, YouTube has now become a defendant in one of these court filings.
Согласно судебным документам, YouTube был включён в список ответчиков группового иска против криптовалютной пирамиды BitConnect. Истцы считают, что команда YouTube должна была удалить опасные видеозаписи, которые публиковали мошенники.
YouTube has become a defendant in the BitConnect class action lawsuit, wherein claimants allege that YouTube was remiss in delisting videos promoting fraudulent behavior
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