Kroger says press release announcing acceptance of bitcoin cash is fake

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The Kroger supermarket chain's office is shown successful Cincinnati, Ohio, U.S., June 28, 2018. REUTERS/Lisa Baertlein/File Photo

Nov 5 (Reuters) - Kroger Co (KR.N) said connected Friday a property merchandise touting the acceptance of bitcoin currency astatine its stores this vacation play is fraudulent, making it the 2nd large retailer successful caller weeks to get entangled successful a crypto hoax.

The merchandise appeared connected Kroger's capitalist relations page, and was aboriginal deleted. The institution said the page, which gets automatically updated, receives a nonstop provender from PR Newswire, wherever the fake merchandise besides appeared.

"This greeting a property merchandise was fraudulently issued claiming to beryllium The Kroger Co that falsely stated the enactment volition statesman to judge Bitcoin Cash. This connection was fraudulent and is unfounded and should beryllium disregarded," a institution spokesperson said successful an emailed statement.

PRN issued an advisory to disregard the announcement. The quality merchandise distributor, which describes itself arsenic a "trusted source" for accuracy connected its website, did not respond to questions connected however the fake connection was released connected its service.

Bitcoin currency is simply a fork of bitcoin's underlying bundle codification formed successful 2017, and was an inaugural headed by a tiny radical of mostly China-based bitcoin miners. (https://reut.rs/3bL8MNO)

Walmart Inc (WMT.N) was taxable to a cryptocurrency hoax successful September erstwhile a fake property merchandise was published, announcing a concern betwixt the world's largest retailer and litecoin. The quality had concisely sent prices of the small known cryptocurrency surging. work much

Despite a drawstring of hoaxes, cyptocurrencies are gaining acceptance among mainstream investors and companies specified arsenic theatre concatenation AMC Entertainment Holdings Inc (AMC.N), which said successful September that it would judge bitcoin, ether, bitcoin currency and litecoin for summons purchases successful the coming months. work much

Bitcoin prices turned somewhat antagonistic aft Kroger said the merchandise was fake.

Kroger shares were trading marginally little successful aboriginal trading.

Reporting by Uday Sampath successful Bengaluru; Editing by Krishna Chandra Eluri, Bernard Orr and Anil D'Silva

Our Standards: The Thomson Reuters Trust Principles.

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