Ripple (XRP) is more focused on establishing relationships with existing financial institutions.
There is an interesting and funny response from YouTube in their attempt to weed away impersonators and scammers after the XRP lawsuit.
David Schwartz @ Joel Katz tweeted: “Weirdly, @YouTube just decided to suspend my channel (SJoelKatz) for impersonation. I wonder who they think I was impersonating.”
Probably, YouTube algorithms thought David Schwartz was impersonating the CTO of Ripple.
Of note, David Schwartz has a pinned tweet that reads: “Public Service Announcement: If you see a Tweet that tells you to send some cryptos somewhere and more will be sent back to you, it’s a scam. If it seems to be coming from someone you have reason to trust, it’s probably an imposter. If not, pick different people to trust.”
Sydney Ifergan, the crypto expert, tweeted: “At last, YouTube is trying to prove that they are taking some decent action against XRP scammers and imposters by blocking the official faces of Ripple. Probably, they want to clean the slate clean of anything XRP and start fresh.”
Also, YouTube had sent a message stating, “Please be aware that you are prohibited from accessing, possessing, or creating any other YouTube accounts.” David Schwartz interrogates, “Does this mean I can’t watch any YouTube videos anymore?”
In the name of responding to the lawsuit, YouTube are retaliating on Ripple XRP. Sounds like a true corporate war.
YouTube have revealed their utmost competency by this incident about their capability in dealing with such claims.
One of the XRP enthusiasts simplified and clarified the response stating, Ripple sued YouTube. YouTube takes down the David Swartz account. Nothing to see here people.
Ripple (XRP) Childish Response
YouTube does not want the Ripple XRP community or XRP ecosystem to use their channel as Ripple sued XRP. Childish Response. Wish You Tube grows up without missing the point.
This is a great point to prove, and this reaction is not going to work in favor of YouTube in the upcoming case.
Probably, David Schwartz is clear that this is an unintentional mistake from YouTube. And he should have already filled in the appeal form to clear the channel termination issue. Probably, he even re-read the YouTube policy on impersonation, and he keeps reading more to sustain his channel.
Probably another defamation lawsuit to the list!