Posing as Walmart, scammers send crypto surging 25%

Investors had plenty of reason to believe the news was true: A verified litecoin Twitter account tweeted out a link to the announcement, which had appeared on the press release service GlobeNewswire. The press release looked legitimate enough, including (made-up) quotes from Walmart CEO Doug McMillon. Walmart had just posted a job for a cryptocurrency expert to work at its corporate headquarters. And several major news organizations picked up the news.