TREE NEWS update: Caroline Ellison, the former Alameda Research CEO, has joined the effective altruism charity Manifund months after leaving federal custody. 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 of Sam Bankman-Fried.
Caroline Ellison Joins EA Charity Manifund After Leaving Federal Custody
Ellison's move from key prosecution witness to effective-altruism payroll keeps the FTX aftermath alive as a reputational question rather than a legal one. The split between Manifund's stated belief in redemption and its own commenters' backlash shows the EA network still has no settled answer for how to treat people whose testimony helped convict a movement figurehead. Whether other EA-adjacent organizations follow Manifund's lead, or treat this as a cautionary case, is the open question.
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