Smith’s will not accept bitcoin as a payment method


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.

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

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

“This morning a press release was issued fraudulently 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.”

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

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

A a similar fraudulent release was posted last month claim that Walmart would also accept bitcoin as a payment option.

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