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The Strange 'Enron' Rebrand Culminates In The Fake Energy Company Pulling Off A Modern Version Of It's 2001 Scam

Enron Crypto Scam refers to a crypto rug pull orchestrated by an organization called the College Company, which supposedly bought the trademark rights to the name "Enron" for $275 in 2020. In December 2024, Connor Gaydos, co-creator of the Birds Aren't Real satirical movement launched the "rebranded" Enron, the energy company infamous for an accounting fraud scandal in 2001. The College Company subsequently created a number of social media accounts promoting the "new" Enron with the tagline, "We're Back. Can We Talk?" Connor Gaydos did a media circuit as Enron's CEO, getting hit with a pie in the face, getting interviewed by Taylor Lorenz and similarly satirizing the role of a CEO trying to rehabilitate the image of his company. The company announced the release of the "Enron Egg" in January 2025, claiming it to be a miniature nuclear reactor capable of powering a suburban home for 10 years. In early February 2025, the company released a meme coin and orchestrated a rug pull, holding 70% of the tokens.
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February 5th, 2025 10:31 AM

A months-long performance art piece made fake promises of at-home nuclear reactors and corporate altruism, but just yesterday, in true Enron fashion, the "energy" company dropped a scammy crypto coin.


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