New York Post

Fake-news crypto spike

- Will Feuer

Cryptocurr­ency Litecoin briefly spiked more than 25 percent after a fake press release that duped much of the financial media claimed Walmart — the country’s biggest retailer — planned to let customers pay online with the crypto beginning next month.

Much of the financial press, including CNBC and Reuters, ran with the release, which was not posted by any official accounts run by Walmart.

Randy Hargrove, a Walmart spokesman, confirmed to The Post that the release was not legitimate.

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