Solène Delinger 15:01 p.m., November 28, 2023During a meeting with students in Frankfurt, Germany, Christine Lagarde explained that her son had lost a lot of money investing in cryptocurrencies. However, the President of the ECB had dissuaded him from investing in these assets...
Who says you have to stop listening to your mother's advice? Certainly not Christine Lagarde's son, who tried the experiment and very quickly regretted it... During a meeting with students in Frankfurt, Germany, the president of the European Central Bank explained that her son had lost a lot of money investing in cryptocurrencies when she had told him not to.
"He has decided to royally ignore me, that's his right," Lagarde said. "He lost almost all the money he had invested. It wasn't much, but ... he lost about 60 percent of the total," she said. Her son would eventually have reluctantly admitted that his mother was right.
"Cryptocurrencies are worthless, don't rely on anything"
Christine Lagarde has always been strongly opposed to cryptocurrencies. In 2022, it said the assets were "worthless, not based on anything." "I have a very bad opinion of crypto," she said once again in front of the Frankfurt students. And Christine Lagarde has called, via the Central European Bank, for a global regulation of cryptocurrencies, to prevent consumers, like her son, from embarking on these investments without knowing the risks involved.