Walmart Says Crypto Announcement Is Fake, Causing Litecoin To Tumble

Walmart Says Crypto Announcement Is Fake, Causing Litecoin To Tumble

Walmart Says Crypto Announcement Is Fake, , Causing Litecoin To Tumble.br Litecoin experienced a 20 gain when a fake press release sent out by GlobeNewswire said the retailer would be utilizing the cryptocurrency.br It claimed Walmart would accept litecoin as payment from shoppers.br On Sept. 13, Walmart spokesman br Randy Hargrove shut down the claim, br confirming that the press release was not authentic.br Following the announcement, br litecoin traded over 3 down.br Walmart shares were hardly affected.br America's largest retailer is also investigating how the fake press release got posted.br It has since been removed from the GlobeNewswire website.


User: Wibbitz Top Stories

Views: 101

Uploaded: 2021-09-13

Duration: 01:30

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