ECB's Lagarde Just Admitted Her Son Got Rekt in Crypto

The ECB president Christine Lagarde casually dropped a bomb at Frankfurt School of Finance—her own son lost money in cryptocurrencies. And she’s using it as a teaching moment about why crypto is risky.

So here’s the tea: even the world’s most powerful central banker’s family isn’t immune to FOMO and market losses. Lagarde brought this up during a speech, basically saying “my son’s losses = lesson for you all.”

The irony? While her son was getting educated through financial pain, Lagarde herself has been pretty skeptical about crypto. This personal story might actually change how people view her stance—less “out-of-touch regulator” and more “experienced parent warning kids not to touch the stove.”

Big takeaway: If you’re throwing money at coins you don’t understand, you might end up like Lagarde’s son. And then your parent might literally broadcast it at a prestigious financial school. That’s the real FOMO to avoid.