Cryptocurrencies
Litecoin Foundation ‘Screwed Up,’ Lee Says of Walmart Snafu
- Token is used ‘quite a bit for payments,’ says its creator
- ‘We will stop fake news from spreading,’ he says in interview
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The Litecoin Foundation “screwed up” after one of its employees retweeted what turned out to be an untrue announcement about a partnership with Walmart Inc., said its managing director.
“We try our best to not tweet fake news and this time we really screwed up,” Charlie Lee, creator of Litecoin and managing director of the foundation, said on the “Bloomberg Technology” television program. “I deny that it has anything to do with us and we’ll try our best to figure out who did it -- and we will stop fake news from spreading.”