IShowSpeed can breathe a sigh of relief after he accidentally exposed his penis in front of thousands of live stream viewers on Wednesday -- TMZ Sports has learned the popular gamer is NOT banned from posting on YouTube following the incident.
As we previously reported, Speed exposed himself while playing "Five Nights at Freddy's" -- which appeared to be a genuine wardrobe malfunction as he reacted to a big moment in the game.
The internet superstar was horrified after his junk was shown on camera .