Breaking News: YouTube Suspends Ripple’s CTO’s Channel For Impersonation

By Dalmas Ngetich
Published April 29, 2020 Updated April 29, 2020
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Breaking News: YouTube Suspends Ripple’s CTO’s Channel For Impersonation

By Dalmas Ngetich
Published April 29, 2020 Updated April 29, 2020

YouTube has unexpectedly suspended David Schwartz’s channel for impersonation. Consequently, he may be barred from “accessing, possessing or creating any other account.”

Ironically, Schwartz is the CTO of the real-time gross settlement system, Ripple, whose CEO announced early this week it was suing the social media platform for their negligence.

In a surprise Twitter post, the CTO said:

“Weirdly, just decided to suspend my channel for impersonation. I wonder who they think I was impersonating.”

“Please be aware that you are prohibited from accessing, possessing or creating any other YouTube accounts.” — Does this mean I can’t watch any YouTube videos anymore?”

Ripple Sues YouTube

In their suit, the CEO complained that despite several appeals, the Google-controlled video streaming platform had not taken heed of their calls and had instead allowed fraudsters, scammers, and impersonators to flourish, consequently taking advantage of XRP holders and stealing millions worth of coins.

“Ripple has repeatedly demanded that YouTube take action to stop the Scam and prevent further harm. Yet YouTube refuses, even where the same scheme is replicated time and again on its platform. YouTube’s response has been woefully inadequate and incomplete. As a result, Ripple and Mr. Garlinghouse continue to suffer substantial reputational harm.”

Brad Garlinghouse Calls for Change and Accountability

Specifically, Brad Garlinghouse is incensed by YouTube’s inexplicable failure at stopping scammers from impersonating him yet they continue to sell adverts and verify accounts that promote fake cryptocurrency giveaways while at the same time ignoring complaints against such accounts.

Ripple’s expectation of industry wide change and a sense of accountability might have spurred YouTube to action.

“Across the industry, social media companies have failed to police their platforms from being abused by the entirely preventable imposter giveaway scams. Hundreds of people (including some of you) have been hurt, yet big tech continues to drag their feet.”

Their trawling for fake accounts and impersonators might have prompted them to incorrectly close David Schwartz’s account.

YouTube’s Purge of Crypto Channels

In recent days, YouTube has been on a purging spree, suspending accounts regardless of their purpose.

Even educational channels not involved in trading or promoting giveaways of any form have not been spared sparking a community wide call for the social media giant to consider their action and reinstate accounts with thousands of followers eager to explore.


The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author
Dalmas Ngetich
335 Articles
Dalmas is a very active cryptocurrency content creator and highly regarded technical analyst. He’s passionate about blockchain technology and the futuristic potential of cryptocurrencies and enjoys the opportunity to help educate bitcoin enthusiasts through his writing insights and coin price chart analysis. Follow him at @dalmas_ngetich

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