Enron Token Collapses: CEO Takes Polygraph Test to Deny Involvement in Alleged Rug Pull
Enron has denied any involvement in the recent collapse of its cryptocurrency, which launched on February 4. To clear his name, Enron CEO Connor Gaydos voluntarily took a polygraph test administered by a retired FBI agent, attempting to prove the company had no role in the token’s dramatic price drop.
Enron Token Launch and Controversial Crash
The embattled company, long associated with financial scandals, found itself at the center of another controversy following the launch of its cryptocurrency, ENRON, on the Solana blockchain. The project was promoted as a key element in the company’s vision for the future, sparking interest among investors. However, within hours of its launch, the token’s price plummeted, raising concerns about a potential rug pull.
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Enron swiftly denied any wrongdoing, instead blaming unidentified actors for manipulating the token’s early trading. In a social media statement, the company asserted:
“When we said maximum transparency, we meant it. Unfortunately, snipers got in early – but fortunately, they are now gone forever. It’s time to build.”
Despite this explanation, many investors remained skeptical, leading Gaydos to take an unusual step: submitting himself to a polygraph test in an effort to prove his innocence.
CEO Connor Gaydos Takes Lie Detector Test
To dispel allegations of misconduct, Gaydos underwent a polygraph examination conducted by Andre Cicero, a retired FBI agent with over 33 years of experience in law enforcement, including expertise in interviewing, investigations, and polygraph testing.
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During the test, Gaydos was questioned about his knowledge and involvement in the token’s crash. He denied orchestrating or benefiting from the price drop and also refuted claims that he knew who was responsible. However, the examination reportedly revealed inconsistencies in his responses to unrelated questions regarding his personal habits, such as alcohol and drug use.
According to Cicero’s evaluation, Gaydos passed the test, with the examiner concluding that his statements regarding the ENRON token collapse were truthful. The results were later reviewed by an independent quality control specialist, who also validated the findings.
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Enron Acknowledges Mistakes, Promises Changes
Despite the test results, Gaydos admitted that the token’s launch was poorly handled and acknowledged that mistakes were made. He assured investors that Enron would implement necessary changes to prevent similar issues in the future.
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Before its controversial token launch, Enron had introduced a concept known as “The Egg,” a micro nuclear reactor allegedly certified for residential use, capable of supplying 200 amps of energy for up to 10 years. The ambitious project was promoted alongside the ENRON token as part of the company’s broader vision.
While Enron attempts to recover from this latest setback, questions remain about the true circumstances surrounding the ENRON token’s collapse. Investors and industry observers continue to scrutinize the company’s actions, and it remains to be seen whether this polygraph test will be enough to restore confidence in the project.
