Smith’s will not accept bitcoin as a payment method

[ad_1]

SALT LAKE CITY – A press release last week led many to believe that Kroger, the parent company of Smith’s Food and Drug, would start accepting Bitcoin Cash as a payment method. However, the post turned out to be a fake, the second such incident in recent weeks.

WATCH: Price woman shares warning after losing hundreds in cryptocurrency scam

Friday’s press release titled “Kroger to accept Bitcoin Cash” even appeared on a section of Kroger’s website because it is configured to accept direct feeds from PR Newswire, which originally released the release, reports FOX Business.

Kroger immediately corrected the error, tweeting that the information was incorrect.

“This morning a press release was fraudulently issued claiming to be The Kroger Co. which falsely stated that the organization would start accepting Bitcoin Cash. This communication was fraudulent and is unfounded and should be ignored.”

ICYMI: This morning a press release was fraudulently issued claiming to be The #Kroger Co. which falsely stated that the organization would start accepting Bitcoin Cash. This communication was fraudulent and unfounded and should be ignored.

– Kroger News (@KrogerNews) November 5, 2021

PR Newswire also said it was investigating the fake press release.

READ: Interest in cryptocurrency varies widely from generation to generation

Smith’s is Utah’s largest grocery chain with many locations across the state.

A similar fraudulent statement was released last month claiming that Walmart would also accept bitcoin as a payment option.

[ad_2]