That's right, it's the same Enron that went bankrupt twenty years ago due to financial fraud, and now they want to issue tokens!
The influence of this company in the financial circle twenty years ago was no less than that of the FTX incident on the crypto circle two years ago~
And Enron was also well-prepared, registering a new Twitter account back in May but only starting to be active today.
Enron registered a new Twitter account back in May, but only started being active today.
The first post declared a return, followed by an official statement:
Enron today announced a fresh start, dedicated to solving the global energy crisis. With a bold new vision, Enron will leverage cutting-edge technology, human wisdom, and a spirit of adaptability to address the significant challenges of energy sustainability, accessibility, and affordability. Key pillars of Enron's vision include permissionless innovation: decentralized technology is continuously advancing, and we will certainly play an important role in its future development.
Then they listed their four major advantages:
1. Adaptability as an Advantage - Recognizing that the energy landscape is constantly changing, Enron is committed to continuous innovation and agility to meet the evolving demands of renewable energy integration and climate adaptability.
2. Leading by Example - Enron's leadership team is committed to establishing high ethical standards in business practices, transparency, and sustainability as a model for corporate global responsibility.
3. Forgiveness and Progress - Acknowledging the past, the calm restart is built on a renewed commitment to integrity, prioritizing collective development and learning in a forward-looking manner.
4. Solving the Energy Crisis - Enron will focus on scalable and sustainable solutions, including investments in renewable energy infrastructure, cutting-edge energy storage, and advanced power distribution systems.
It's just like a rich ex-boyfriend saying to you after cheating: give me one more chance.
Would you be willing to believe it?
In fact, for us in the crypto circle, as long as you have money to pump the market, nothing else matters~
Enron has been paying attention to crypto for quite a while, perhaps recently noticing that Ripple, a company with no performance, managed to achieve a market value of hundreds of billions just by issuing tokens, and even escaped SEC penalties.
So Enron, this old scythe, really couldn't sit still anymore?
When FTX went bankrupt and liquidated, Enron lamented that it was born at the wrong time:
Recently, with favorable crypto policies, the energy industry, which Enron excels in, is one of the sectors that A16Z has long favored, called 'distributed energy'.
To be honest, back then, Enron was quite strong and became the largest natural gas seller in North America.
It's just that in pursuing further development, they took too big a step and got themselves into trouble.
At first, Enron traded various assets under its 'Enron Online' platform, offering over 1,500 types of commodities, from electricity and natural gas spot to complex derivatives.
If the business could sustain until now, it would definitely be a solid exchange.
However, Enron's specific actions have not yet been released; the official website is currently just a countdown, stating that something big will happen in 7 days:
The good show is just beginning, let's see what other strange creatures will jump out~