TREE NEWS update: Caroline Ellison has joined the effective altruism charity Manifund months after leaving federal custody, the organization confirmed. Manifund’s cofounder said he believes in redemption, while commenters on his own post said the hire shows terrible judgment. Ellison is the former CEO of Alameda Research, the trading firm at the center of the FTX collapse.
Caroline Ellison Joins EA Charity Manifund After Leaving Federal Custody
The appointment is a reputational test case for effective altruism, which has struggled to distance itself from FTX-era figures. It matters less for crypto markets than for the talent pipeline and donor trust of EA-adjacent organizations, where a cofounder's personal conviction about redemption is colliding with public judgment. Whether Manifund's funding or partnerships feel any fallout, and whether other EA groups follow or distance themselves, is the open question.
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