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. (1/4)

Today, @Ripple and I personally are taking legal action against @YouTube because their platform is the epicenter for imposter scams, and they’ve done next to nothing in response to our constant takedown requests. (2/4) https://ripple.com/wp-content/uploads/2020/04/ECF-1-Complaint-20-cv-2747.pdf

YouTube’s inertia is indicative of an industry-wide problem of a lack of accountability. Victims are forced to jump through hoops to report these scams, and oftentimes that doesn’t even work - ex: when @Instagram told me I wasn’t being impersonated (3/4) https://twitter.com/bgarlinghouse/status/1081283557706784768?s=20

In times like these, when consumers already feel vulnerable, it’s more important than ever to protect people from these rampant scams. (4/4)