Charity founder says he secretly gave FTX fraud figure Caroline Ellison a job

Live updates

1. 44d ago

   Caroline Ellison worked at Manifund charity following prison term

   Caroline Ellison, the former CEO of Alameda Research convicted in the FTX collapse, held a position at the nonprofit Manifund for two months. Ellison used the name "Carol" during her tenure, which began after she served 14 months in prison. The charity founder admitted to secretly hiring her based on a belief in redemption. The appointment has triggered a mix of sharp criticism and praise.

   Why it matters

   Ellison was a central figure in the FTX cryptocurrency exchange collapse. Manifund is a 501c3 organization with deep ties to FTX. This marks her first return to employment since her conviction and incarceration.

   What is confirmed

   • Caroline Ellison worked at the nonprofit Manifund for two months using the name Carol.
   • Ellison previously served as the CEO of Alameda Research and was convicted in the FTX collapse.
   • Ellison spent 14 months in prison prior to her employment at the charity.

   What to watch next

   • Official response from Manifund regarding its specific FTX ties
   • Further statements from the charity founder on the hiring process
   Sources used for this update (2)

   1. news.bitcoin.com — Caroline Ellison's New Charity Job Comes With an Awkward FTX Link
   2. coincentral.com — Caroline Ellison Lands First Job Since FTX Prison Release at Charity Manifund
   confidence 100%
2. 48d ago

   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.
   Sources used for this update (8)

   1. businessinsider.com — Charity founder says he secretly gave FTX fraud figure Caroline Ellison a job
   2. The Block — Former Alameda CEO Caroline Ellison joins nonprofit charity Manifund
   3. Cryptopolitan — Caroline Ellison’s Manifund role tests crypto’s post-FTX redemption culture
   4. bloomingbit — Caroline Ellison, Central Figure in FTX Collapse, Joins Nonprofit Manifund
   5. ababnews.com — 501c3 Charity Manifund Hires Former Alameda Research CEO Caroline Ellison
   6. app.dealroom.co — Caroline Ellison joins Manifund
   7. BeInCrypto — FTX’s Caroline Ellison is “Carol” Now and Secretly Works for a Charity
   8. finance.yahoo.com — FTX’s Caroline Ellison is “Carol” Now and Secretly Works for a Charity
   confidence 100%