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Did Christine Lagarde's son lose money in crypto?

European Central Bank President Christine Lagarde admitted Friday that her own son lost money in crypto, despite her warning him not to. “He ignored me royally, which is his privilege,” Lagarde told a town hall with students in Frankfurt. “And he lost almost all the money that he had invested.”

Did ECB chief lose a lot?

"It wasn't a lot but he lost it all, he lost about 60% of it," Lagarde added. "So when I then had another talk with him about it, he reluctantly accepted that I was right." The ECB chief has two sons in their mid-30s but did not say which one she was referring to.

Why did ECB chief Lagarde lose a lot of money?

“He ignored me royally, which is his privilege,” Lagarde told a town hall with students in Frankfurt. “And he lost almost all the money that he had invested.” The ECB chief has two sons in their mid-30s but did not say which one she was referring to.

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