Lagarde's Son Lost Almost All Money in Crypto Despite Her Warnings
• ECB President Lagarde says her son lost "almost all" money invested in cryptocurrencies despite her warnings against crypto • Lagarde has criticized cryptos as speculative, worthless, and used for criminal activity • Lagarde says her son "ignored me royally" when she advised him not to invest in crypto • Lagarde estimates her son lost about 60% of the money he invested in cryptocurrencies • Lagarde continues to have a "very low opinion of cryptos" and calls for global regulation of crypto assets