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19 September 2021

Litecoin Creator Charlie Lee on Fake Walmart News: "We Really Screwed Up This Time"

Litecoin Creator Charlie Lee on Fake Walmart News: "We Really Screwed Up This Time"


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Litecoin creator Charlie Lee appeared on Bloomberg TV to discuss a fake press release that appeared this morning.

During an interview this afternoon, Lee said that he was initially taken in by the fake news.

He explained that GlobeNewswire, which initially published the press release, is working with authorities to investigate the incident and its perpetrator.

Despite those denials, Lee took responsibility for Litecoin’s social media accounts, one of which accidentally shared the news today.  He said that the Litecoin Foundation now understands how influential its Twitter account is and that it will better verify news in the future.

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