Charity founder says he secretly gave FTX fraud figure Caroline Ellison a job
Former Alameda Research chief executive Caroline Ellison secured a job at the nonprofit charity Manifund under the name Carol. The charity founder stated that he secretly gave the central FTX fraud figure the position and noted that he believes in redemption. Ellison spent two months working at the 501c3 charity, marking a notable return to public-facing employment following the collapse of the FTX cryptocurrency exchange.
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- ✓ Former Alameda Research CEO Caroline Ellison secretly worked for the nonprofit charity Manifund under the name Carol for two months.
- ✓ Manifund founder Austin Chen stated that he believes in redemption.
What changed
A charity founder revealed that Caroline Ellison secretly worked at the nonprofit Manifund for two months under the name Carol.
Live updates
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Caroline Ellison Secretly Joins Charity Manifund
Former Alameda Research chief executive Caroline Ellison secured a job at the nonprofit charity Manifund under the name Carol. The charity founder stated that he secretly gave the central FTX fraud figure the position and noted that he believes in redemption. Ellison spent two months working at the 501c3 charity, marking a notable return to public-facing employment following the collapse of the FTX cryptocurrency exchange.
Why it matters
Ellison previously served as the chief executive of Alameda Research, the sister trading firm of FTX, during its catastrophic collapse. Her employment at Manifund tests the redemption culture within the cryptocurrency sector as figures from the disgraced exchange attempt to re-enter professional spaces. The secretive nature of her hiring highlights ongoing sensitivities regarding associations with the fraud case.
What is confirmed
- Former Alameda Research CEO Caroline Ellison secretly worked for the nonprofit charity Manifund under the name Carol for two months.
- Manifund founder Austin Chen stated that he believes in redemption.
What to watch next
- Further statements from Manifund leadership regarding Ellison's specific duties and departure.
- Broader industry reaction within the crypto redemption culture to Ellison's employment.
confidence 100%Sources used for this update (8)
- businessinsider.com — Charity founder says he secretly gave FTX fraud figure Caroline Ellison a job
- The Block — Former Alameda CEO Caroline Ellison joins nonprofit charity Manifund
- Cryptopolitan — Caroline Ellison’s Manifund role tests crypto’s post-FTX redemption culture
- bloomingbit — Caroline Ellison, Central Figure in FTX Collapse, Joins Nonprofit Manifund
- ababnews.com — 501c3 Charity Manifund Hires Former Alameda Research CEO Caroline Ellison
- app.dealroom.co — Caroline Ellison joins Manifund
- BeInCrypto — FTX’s Caroline Ellison is “Carol” Now and Secretly Works for a Charity
- finance.yahoo.com — FTX’s Caroline Ellison is “Carol” Now and Secretly Works for a Charity
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