Compartir este artículo
YouTube Suspends Ripple’s Tech Chief Days After XRP Scam Lawsuit Filing
Schwartz's channel was suspended for impersonation, but he's no idea why.
Por Paddy Baker
YouTube has suspended the channel of Ripple CTO David Schwartz soon after the blockchain firm launched a lawsuit against it over XRP scams in videos.
STORY CONTINUES BELOW
No te pierdas otra historia.Suscríbete al boletín de Crypto Daybook Americas hoy. Ver todos los boletines
Schwartz, who also goes by the online moniker "Joel Katz," said Wednesday morning YouTube had suspended his channel. "Weirdly, YouTube just decided to suspend my channel (SJoelKatz) for impersonation. I wonder who they think I was impersonating," he tweeted.
CoinDesk reached out to Schwartz for comment but received none at press time.
YouTube can "terminate" channels that violate the platform's guidelines including for predatory behavior, hate speech, harassment as well as impersonation. Channel owners are prohibited from creating new channels, but they are allowed to submit an appeal request if they think their channel was suspended or terminated in error.
See also: Ripple Engineers Publish Design for Private Transactions on XRP Ledger
Wednesday's events come a week after Ripple initiated a lawsuit against YouTube on allegations the platform had failed to prevent fake XRP giveaway scams on the platform. The filing states YouTube's unwillingness to suspend scam channels has led to users being defrauded out of hundreds of thousands of dollars, as well as reputational damage for Ripple.
"Ripple has repeatedly demanded that YouTube take action to stop the Scam and prevent further harm. Yet, YouTube refuses, even where the same scheme is replicated time and again on its platform. YouTube’s response has been woefully inadequate and incomplete. As a result, Ripple and Mr. Garlinghouse continue to suffer substantial reputational harm," reads the lawsuit.
See also: Third-Party Cryptos Could Launch on XRP Ledger, Says Ripple’s David Schwartz
Schwartz's channel was active for years so the timing of the suspension is interesting, given that it comes so close to the start of legal proceedings. Of course, it may be down to YouTube's moderation algorithms messing up again.
CoinDesk approached YouTube for comment, but hadn't received a response by press time.
Más para ti
Lo que debes saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Hong Kong's RedotPay raises $100 million Series B to push global stablecoin payments
The Hong Kong-based fintech says demand for stablecoin-powered cards and cross-border payouts is accelerating as it scales payments beyond crypto trading.
What to know:
- RedotPay, a Hong Kong-based fintech, raised $107 million in a Series B round to expand its stablecoin-powered payment services globally.
- The funding round was led by Goodwater Capital and included investors like Pantera Capital, bringing RedotPay’s total capital raised in 2025 to $194 million.
- RedotPay, founded in 2023, aims to reduce costs and settlement times for cross-border payments, particularly in emerging markets, and has partnered with Circle for crypto-to-bank transfers in Brazil.
Top Stories
