The president of the European Central Bank (ECB), Christine Lagarde, has reportedly revealed that her son invested in crypto despite her warnings. “He ignored me royally,” Lagarde shared, noting that after he lost 60% of the money he invested, she had another talk with him about crypto investing.
Lagarde’s Son Ignored Her Advice About Crypto Investing
European Central Bank (ECB) President Christine Lagarde disclosed during a town hall with students in Frankfurt on Friday that her son invested in cryptocurrency despite her repeated warnings and lost approximately 60% of his investment, Reuters reported. She was quoted as saying:
He ignored me royally, which is his privilege … And he lost almost all the money that he had invested.
“It wasn’t a lot but he lost it all, he lost about 60% of it … So when I then had another talk with him about it, he reluctantly accepted that I was right,” she claimed. The ECB chief has two sons in their mid-30s but did not disclose which one
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