YouTube smacks down channels promoting illegal digital currency activities

Many people’s first exposure to digital currency might be through something they see on YouTube, and the platform has a responsibility that they don’t get suckered in for snake oil. The platform has started taking that responsibility seriously, terminating some digital currency channels for “encouraging illegal activities.”

Altcoin Daily, a Youtube channel run by brothers Aaron and Austin Arnold, was suspended at some time around July 31 for allegedly encouraging illegal acts.

URGENT! YouTube has just terminated our channel claiming that we were “encouraging illegal activities”!

We are a news/opinion channel! We have never promoted anything illegal!