Bad news! A cryptocurrency called LIBRA crashed, hurting lots of people. It started when a president said it was good, making the price go way up. Then, the price crashed, and many lost their money. This is a sad story about how some people try to trick others with cryptocurrency.
- Binance's founder, CZ, gave almost $100,000 to help people who lost money.
- A college student also donated money to help.
- The LIBRA scam affected over 40,000 people and caused billions of dollars in losses.
Fact | Number |
---|---|
Money lost in the LIBRA scam | $4.4 billion |
CZ's donation | ~$100,000 |
People affected | Over 40,000 |