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Complete Story
09/14/2021
Walmart says crypto press release is a fake
Retail Wire
Walmart yesterday found itself having to issue a statement calling a press release sent out by Globe Newswire a fake. The false press release claimed that Walmart would begin accept litecoin cryptocurrency payments for online orders.
The news was first leaked through a litecoin Twitter account and then followed by the press release under the headline “Walmart Announces Major Partnership With Litecoin (LTC)”
The fake announcement appeared to be authentic, complete with made-up quotes from Walmart CEO Doug McMillion. It also came on the heels of the retailer posting a “Help Wanted” ad for a cryptocurrency expert, according to CNN.
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