The cryptocurrency industry has seen backlash from various sectors of society, ranging from the financial world to the sentiments held by people. YouTube was the latest platform to come cracking down on the industry, a move that was halted by critics.
Despite YouTube promising not to tamper with content related to crypto, the video streaming channel has gone ahead and done exactly that with Tone Vays’ account. On April 16, the digital asset analyst informed users on Twitter that his account was suspended right after a warning.
Vays became popular for his trading calls on cryptocurrencies and Bitcoin price predictions. The former Bear Stearns and JP Morgan Chase employee claimed that YouTube did not give him any prior intimation that his account would be taken down. The video streaming platform had sent him just a warning which Vays appealed almost immediately.
The analyst was evidently angry at YouTube’s decision and admitted that he may have to consider a “career change” if his account was not restored. One of Vays’ latest tweets read:
“So that escalated quickly. From a single video warning to the ENTIRE CHANNEL Being taken down by YouTube. If @TeamYouTube can’t resolve this, might be a career change in the near future. Will just trade during the day and have a nutrition @ytcreators channels at night.”
YouTube’s latest move comes after the company assured the cryptocurrency community that it would not remove videos pertaining to the field as per a decision made in December 2019. All the videos that were taken down in that period was eventually restored with a YouTube spokesperson admitting that the company made a mistake.
Vays revealed in public that he was logged out of his YouTube mobile application, banning him from watching any form of content. YouTube seems to have even removed Vays’ curated playlists from other creators in the space. The cryptocurrency analyst is currently waiting for a reply from YouTube after he appealed the takedown.