Ripple is an organization that isn’t taking into account the conventional digital currency swarm. All things considered, it has indicted YouTube over the numerous crypto-related tricks the stage has permitted to occur lately.
There are sufficient of digital money tricks relating to YouTube nowadays.
Ripple Takes YouTube to Court
The greater part of them rotate around counterfeit live streams gathering assets and professing to send back twofold the sum.
None of those streams ought to be trusted, as they will just bring about lost assets.
Ripple is presently suing YouTube on the grounds that these tricks are still permitted to happen today.
As per Ripple, the organization permitting clients to post such phony substance and swindle clients ought to be considered dependable.
Tragically, that is beyond the realm of imagination because of Section 240 of the Communications Decency Act.
That act protects Google, Facebook, and other internet companies from such liabilities.
Youtube should be forced to take more proactive action in this regard.
Every scam that gets taken down is immediately replaced by others.
How successful this lawsuit will be for Ripple, remains to be seen.
It is possible that other crypto teams will join this lawsuit, as many different projects have been targeted by these scams in recent months.