TechFlow news: European Central Bank President Christine Lagarde revealed that although she had warned her son against trading cryptocurrencies, he chose to ignore her advice, ultimately suffering significant investment losses. Lagarde stated that her son lost nearly all his invested funds, with losses amounting to about 60%.
She emphasized that her son's choice was his own prerogative, but the loss reluctantly led him to acknowledge his mother's warning. Lagarde added that she holds a low opinion of cryptocurrencies—while people have the right to invest and speculate in this area, business activities and transactions involving criminal acts should not be permitted.
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