Big trouble happened with a new cryptocurrency called Libra! It was connected to a famous Argentinian politician, but things went wrong very quickly. The price crashed—it lost 95% of its value! A company called KIP Protocol says it had nothing to do with creating Libra, even though some people said they did.
- Libra's price dropped a huge amount (95%).
- KIP Protocol says it wasn't involved in making Libra.
- A YouTuber interviewed one of the people behind Libra, and he admitted to having a lot of money tied up in it.
- Many people lost money because of this.
Fact | Details |
---|---|
Libra's price drop | 95% |
Money lost by one person | $100 million (This is a very large amount!) |