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Just repeating the logic for my own OCD:

Blackmail is when someone threatens to release your nudes unless you pay them.

Extortion is when someone threatens to get you banned on YouTube unless you pay them.

Maybe that's because of trolling, because they don't like your content, or simply because they can get paid.

Blackmail is a specific type of extortion, but people often use the word "blackmail" when they mean extortion in general.

But they threaten to send information to YouTube unless you pay them. That information will likely get you banned. They don't got the power to ban you, all they can do is reveal information about you.

Filing false copyright or "circumvention of technological measures" claims to youtube against your channel is not the same as "revealing information about you" at all.

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