European Central Bank (ECB) President Christine Lagarde, known for her harsh stance against Bitcoin (BTC) and cryptocurrencies, frequently states in her statements that cryptocurrencies are risky and warns investors to stay away.
Although Lagarde thinks cryptocurrencies are risky, her children do not agree with her.
Because, in a statement he made in 2022, he said that despite his anti-crypto stance, he did not pressure his children about cryptocurrencies and even one of his sons invested in cryptocurrencies with some of his wealth.
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According to Foreks, while Lagarde's opinion has not changed so far, in her recent speech to students in Frankfurt, she announced that one of her children invested in cryptocurrency despite repeated warnings and lost almost all of her money.
“Even though I warned him many times, he did not listen to me and ignored me.
Despite this, I did not put pressure on him because it was his own decision. However, he lost almost all of the money he invested.
The money he invested wasn't much, but he lost about 60 percent. When I talked to him about it again later, he reluctantly admitted that I was right.”
When Lagarde was asked which of her children had lost money, the students declined to name names.
It is known that the ECB president has two sons in their mid-30s.
*This is not investment advice.