Steve Wozniak, co-founder of Apple, has criticized YouTube for its inaction against a scam that used his likeness, resulting in victims losing their life savings. Wozniak revealed that the scammers created fake videos of him promoting Bitcoin investments, claiming that individuals could double their money by sending Bitcoin to the provided addresses. Despite multiple takedown requests, Wozniak stated that these scams persist, reflecting a larger issue of online fraud fueled by inadequate moderation by major platforms. These concerns come amidst a surge in deepfake technology used to perpetrate fraud against notable figures in technology. Wozniak argues that the failure to regulate online advertisements enables scams and highlights the need for stricter controls. The ongoing rise in online fraud is alarming, with billions lost annually to scams. UK MP Max Wilkinson echoed Wozniak's concerns, urging for regulations akin to those governing traditional media to safeguard consumers from deceptive online advertising.

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