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WSJ: Ex-Enron CEO Meets with Crypto Experts for New Venture Following Prison Release

Published 03/25/2019, 04:51 AM
Updated 03/25/2019, 05:03 AM
WSJ: Ex-Enron CEO Meets with Crypto Experts for New Venture Following Prison Release

Jeffrey Skilling — the former Enron CEO who served 12 years in prison after a 19 count conviction for his part in the firm’s notorious collapse — is allegedly meeting with crypto industry experts ahead of his new business venture. The claim was made in a report from the Wall Street Journal on March 22.

Skilling was released from federal custody on Feb. 21, having served 12 years out of a full term of 24 years. He had resigned as CEO of energy firm Enron in August 2001, just months ahead of the firm’s bankruptcy filing. Arrested in 2004, alongside Enron founder Ken Lay, Skilling was sentenced in May 2006 on 19 counts of securities fraud, conspiracy, insider trading, and deceiving auditors.

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