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YouTube and Ripple Settle Lawsuit, Will Fund Non-Profit to Help Cictims of Cybercrime
Summary: Ripple CEO Brad Garlinghouse tweeted on Tuesday that he and the company have settled a lawsuit they filed against YouTube. Impostors have sought to impersonate high profile CEOs like Elon Musk and Richard Branson on social media in order to rip off the public. Ripple and Garlinghouse filed the lawsuit against YouTube last April, claiming ...
Ripple CEO Brad Garlinghouse tweeted on Tuesday that he and the company have settled a lawsuit they filed against YouTube. Impostors have sought to impersonate high profile CEOs like Elon Musk and Richard Branson on social media in order to rip off the public. Ripple and Garlinghouse filed the lawsuit against YouTube last April, claiming the Google-owned company turned a blind eye to the problem.
In a series of tweets, Garlinghouse said the settlement would result in Ripple and YouTube working together "to prevent, detect and take down these scams." Garlinghouse shared that the legal settlement will involve YouTube and Ripple funding a non-profit together dedicated to helping victims of cybercrime.
By Amy Liu
Tags: Cybercrime,Lawsuit,Ripple,Youtube
Link: YouTube and Ripple Settle Lawsuit, Will Fund Non-Profit to Help Cictims of Cybercrime [Copy]
