A press release linking the retailer and digital currency together was fake. Both Walmart and Litecoin say they do not have a partnership.
Walmart is the largest retailer in the United States, according to the National Retail Federation. So, an announcement of a partnership with a cryptocurrency would be big news.
On the morning of Sept. 13, a press release was circulated by GlobeNewswire, a service that distributes press releases to media organizations, that said Walmart had teamed up with Litecoin to accept the cryptocurrency as a form of payment. Immediately following the press release, people on social media with hundreds of thousands of followers began sharing the information. News…
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