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.<br />According to CNBC, it is unclear whether the Securities and Exchange Commission (SEC) will look into the matter
