Some people lost money investing in a new cryptocurrency called Libra. The creator says it wasn't a scam, but that people who complained just didn't get in on special deals. He says it's a risky game, and some people made lots of money, while others lost it.
- Libra's value went from over $4 billion to zero quickly.
- Some people close to the project got rich before the crash.
- This is happening with other similar cryptos linked to famous people.
- Experts worry these risky cryptos are hurting the whole cryptocurrency world.
Fact | Number |
---|---|
Libra's highest value | $4 billion |
Profit from insider trading | $6 million (estimated) |