Elon Musk Accuses YouTube Of Running Scam Advert
Elon Musk, billionaire businessman and Chief Executive Officer (CEO) of Tesla, has accused Google-owned video streaming platform, YouTube of running scam adverts.
Elon Musk made this accusation on his Twitter page as he also alleged that his company’s name, Telsa is being used by other companies for scam advertisements on Youtube, vowing to stop it.
In his tweet, Musk said: “YouTube seems to be nonstop scam ads.” “Also, other companies are using the Tesla name for solar and Powerwall. I will put a stop to that,” he added.
In response to the tweet, many of his followers agreed that there were scam ads on the platform while many said they had fallen victims to the ads losing Ethereum or Bitcoin cryptocurrencies as the case may be. Others, however, criticized Musk for finding faults in other platforms while trying to buy Twitter.
Meanwhile, YouTube had been criticized by many users before now for allowing scammers and fraudulent people to use its platform for ads. In April 2020, the CEO of Ripple, Brad Garlinghouse, had filed a lawsuit against YouTube, alleging the company’s inaction against fraudulent content on its platform has damaged Ripple’s reputation by not curbing scam “giveaways” of XRP.
According to the complaint, in one instance a scammer stole $15,000 worth of XPR from a victim.
However, YouTube on security policy on its websites states: “The safety of our creators, viewers, and partners is our highest priority. We look to each of you to help us protect this unique and vibrant community. You must understand our Community Guidelines and the role they play in our shared responsibility to keep YouTube safe.
“YouTube doesn’t allow spam, scams, or other deceptive practices that take advantage of the YouTube community. We also don’t allow content where the main purpose is to trick others into leaving YouTube for another site.”