Grab EXTRA 10% OFF all Tangem products. Till Oct 25Caroline Ellison joins Manifund after FTX prison term
4.3 Investments Caroline Ellison joined Manifund after her FTX-related prison term, initially under a pseudonym. Her hiring has sparked criticism over transparency and concerns in the effective altruism community.
Caroline Ellison, former CEO of Alameda Research, has joined the nonprofit charity Manifund after serving a prison sentence related to the FTX collapse. Initially, Ellison worked under the pseudonym "Carol" on a trial basis starting July 13, before transitioning to a full-time role on August 10. At Manifund, her responsibilities include developing the organization’s funding platform and improving the allocation of charitable funds. She notably built a reconciliation tool that uncovered significant misregistered transactions, contributing to the platform’s efficiency. Manifund co-founder Austin Chen publicly announced her hiring on September 11, acknowledging the use of a pseudonym and expressing belief in redemption. However, Ellison’s discreet recruitment has sparked criticism within the effective altruism community, raising concerns about transparency and the reputational impact on Manifund and its partners.
