I'm indifferent on Logan Paul, but this sounds like classic bullshit, considering how his channel generates over $10m a year, stated previously in the article. Sounds like YouTube is scared that one bad apple is going to spoil the rest of them. This would be a non-issue in a decentralized platform.
Centralized gatekeepers who personally green-light all of the content coming through the platform doesn't scale, and it's not provably fair at all. Just as we saw with governments, it is impossible for a single highly responsible entity to give proper attention to real issues and problems in a fair way. As long as a handful of far-removed people in a room are making decisions, we will continue to observe freedoms being taken away.