I just went to check the status of three videos I have reported for totally misleading information. The one about Fawlty Towers claiming John Cleese is dead, is blatant misinformation, not just misleading text.
Not one has been removed. This is also a screenshot of the channel owner giving me a heart for replying to say it is misleading, and another viewer agreeing with me.
I suppose one has to start realising that YouTube probably only has any interest in copyright violation reports from the big companies. The sad part is these videos get paid for by views and comments, so a clickbait headline, even one;’s that are completely false, just rake in more money for the channel owners.
There also does not seem to be any way to block those channels, as there is no channel block option at all.
The question is, though, if misinformation and misleading text are categories to report videos to YouTube, why would they then not contravene the community guidelines?