TREE NEWS update: Caroline Ellison, the former Alameda Research CEO, 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 the charity’s own platform criticized the hire as showing terrible judgment. Ellison was a key witness in the FTX fraud trial.
Caroline Ellison Joins EA Charity Manifund After Leaving Federal Custody
Ellison's move into effective altruism lands awkwardly for a movement already navigating its ties to FTX-era giving, and the pushback on Manifund's own platform shows the reputational question is being litigated inside the community, not just outside it. Her value here is less operational than symbolic: she remains a witness whose credibility is bound up with the case. Whether that association helps or burdens Manifund's fundraising, and how donors and grantees respond, is the open question.
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