Elon Musk slams YouTube for ‘non-stop scam ads’

Elon Musk slams YouTube for ‘non-stop scam ads’

  • Elon Musk denounced YouTube for “non-stop fraudulent ads” on Tuesday via Twitter.
  • Over the past few years, YouTube has been the victim of a series of cryptocurrency scams.
  • Musk has slammed Twitter for bots and fake accounts amid his plans to buy the site.

Elon Musk took a hit on YouTube on Tuesday, call the site for “non-stop scam advertisements”.

The Tesla CEO posted a series of tweets about the company, including a meme mocking YouTube and saying it censors things like swearing but turns a blind eye to fraudulent ads.

Despite Musk’s research into YouTube’s policy regarding swearing on its site, the company does not prohibit swearing on its site. However, YouTube guidelines encourage creators to avoid language they deem inappropriate for advertising purposes. The site says it limits permission for creators to monetize videos with “frequent use of profanity or vulgarity,” but the policy does not apply to music videos.

A YouTube spokesperson did not immediately respond to Insider’s request for comment on Musk’s statements.

Over the past few years, YouTube has been the victim of a series of cryptocurrency scams. In 2020, YouTube faced at least 18 lawsuits involving cryptocurrency scams. Apple co-founder Steve Wozniak sued YouTube in 2020 for allegedly failing to tackle fraudulent ads that included his likeness. Wozniak lost the lawsuit a year later after a judge determined that YouTube and its parent company, Google, were not responsible for user posts.

Some YouTube scams have directly targeted Musk fans. Last year, a series of ads promoting a fake SpaceX digital coin allegedly created by Musk appeared on YouTube ahead of the billionaire’s “Saturday Night Live” appearance. Tenable, a risk management firm, said it conducted a study that found fraudulent accounts on YouTube were able to steal around $9 million using ads for the fake SpaceX coin.

YouTube has taken an active stance on controlling misinformation in the past. The company was one of the first to ban former President Donald Trump from its site during the Capitol siege, but fact-checkers say the company isn’t doing enough. In January, more than 80 fact-checking groups around the world called on YouTube to do more to fight misinformation. They said the company “allows its platform to be weaponized.”

While Musk has said he’s against online policing outside of what’s dictated by law, the Tesla CEO has continually accused Twitter of not doing enough to shut down bots and fake accounts on its site. . On Monday, the billionaire – who waived his right to conduct due diligence on Twitter as the deal quickly took shape – warned the company via a letter sent by his lawyers that he may try to walk away from his offer to $44 billion to buy Twitter because he believes the company is “actively resisting” his efforts to determine how many fake accounts are on the site.

Twitter said it plans to enforce the deal Musk previously agreed to.

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