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Don't be fooled: Smith's won't be accepting bitcoin as payment

Smith's Bitcoin.jpg
Posted at 10:51 AM, Nov 08, 2021
and last updated 2021-11-08 12:52:44-05

SALT LAKE CITY — A press release last week led many to believe that Kroger, the parent company of Smith's Food and Drug, would begin accepting Bitcoin Cash as payment. However, it turned out the release was a fake, the second such incident over the past few weeks.

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Friday's press release titled "Kroger to accept Bitcoin Cash" even appeared on a section of Kroger's own website as it is set up to accept direct feeds from PR Newswire, which originally posted the release, FOX Business reports.

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

"This morning a press release was fraudulently issued claiming to be The Kroger Co. that falsely stated the organization will begin to accept Bitcoin Cash. This communication was fraudulent and is unfounded and should be disregarded."

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

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Smith's is Utah's largest grocery chain with numerous locations across the state.

A similar fraudulent release was issued last month claiming Walmart would also be accepting bitcoin as a payment option.