YouTube has temporarily banned the accounts of two cryptocurrency enthusiasts after deleting their videos due to a breach in company policy. While the authors of uploaded content complained about the ban, YouTube stated that their videos were aimed to cause undue panic.
Crypto news reporter “The Moon” and cryptocurrency educator “Ivan on Tech” received warning that their channels. And videos violated the terms outlined by “Sale of regulated goods and services policy.”
The Moon published the video with a subtitle saying: “Warning!!! The financial crisis has begun!” Furthermore, he asked if “Bitcoin not a safe haven in this bloodbath?”
Both of the authors claimed that there were no issues with the content, and expressed anger over censorship for what they believed were overreactions by YouTube.
The Moon, who has over 89,000 subscribers, declared that though Bitcoin was censorship-resistant, YouTube videos were not. But while the policy doesn’t mention digital assets, it lists items banned for sale or promotion on the platform.
Is YouTube unusually strict due to the coronavirus panic?
That may be a case as the fears of the coronavirus pandemic are strongly impacting not only stocks but cryptocurrencies markets too. Most of the major cryptos fell during the last days.
The authorities, as well as some major companies, are trying to reduce the panic. It seems, YouTube is also attempting to avoid spreading such content, which may cause further fright in people.
The video-sharing platform had delivered a strike notice to The Moon and Ivan’s accounts. It means that YouTube restricted the ability for content creators to upload videos, live streams, and stories for a set period, which are based on the violations committed, as well as the number of strikes, received.
That’s not the first time when YouTube has banned crypto-focused websites. However, the channels were back online at press time.
- Trading Instrument