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Do Influencers Escape Legal Liability Using “Not Financial Advice” Disclaimers?

I always heard to influencers and Youtubers about "Not Financial Advice" and DYOR "Do Your Own Research" even the project or platform have many red flags.


Link: https://bitpinas.com/feature/n....ot-financial-advice-

Do Influencers Escape Legal Liability Using “Not Financial Advice” Disclaimers? | BitPinas
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Do Influencers Escape Legal Liability Using “Not Financial Advice” Disclaimers? | BitPinas

Are influencers legally liable if they made a bad investment advice? Will they escape just because they said it is "not-financial advice"?