Charity founder says he secretly gave FTX fraud figure Caroline Ellison a job
A crypto scandal’s key figure lands a secret nonprofit job, putting post‑FTX redemption under the microscope
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Measured timeline
Who reported it (8)
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FTX’s Caroline Ellison is “Carol” Now and Secretly Works for a CharityYahoo Finance · 45d ago
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FTX’s Caroline Ellison is “Carol” Now and Secretly Works for a CharityBeInCrypto · 45d ago
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501c3 Charity Manifund Hires Former Alameda Research CEO Caroline Ellisonababnews.com · 45d ago
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Caroline Ellison, Central Figure in FTX Collapse, Joins Nonprofit Manifundbloomingbit · 45d ago
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Caroline Ellison’s Manifund role tests crypto’s post-FTX redemption cultureCryptopolitan · 45d ago
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Former Alameda CEO Caroline Ellison joins nonprofit charity ManifundThe Block · 45d ago
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Charity founder says he secretly gave FTX fraud figure Caroline Ellison a jobBusiness Insider · 45d ago
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Caroline Ellison joins ManifundDealroom · 45d ago
The story so far
- Velocity & Diffusion: Coverage exploded across 8 distinct news outlets with 8 published articles, achieving a live velocity of 6.
- Primary Driver: A crypto scandal’s key figure lands a secret nonprofit job, putting post‑FTX redemption under the microscope
- Predictive Outlook: Archynetys algorithmic models forecast this story will fade from trending status over the next 24 hours.
- Source Integrity: Verified strictly against primary headline reporting under zero-hallucination protocols.
Manifund, a registered 501(c)(3) charity, hired a former Alameda Research chief executive. The appointment places the individual who helped run the trading firm behind the FTX collapse into a nonprofit role. The founder of Manifund confirmed the hiring, stating that the decision was made behind closed doors.
Ababnews reported the 501(c)(3) status and the new hire, while Bloomingbit highlighted Ellison’s former position at Alameda Research. Cryptopolitan framed the move as a test of the crypto sector’s redemption culture after the FTX fallout. Business Insider quoted the charity founder, who said he had secretly offered the job to Ellison without prior announcement.
The secrecy of the appointment adds a layer of public scrutiny, as coverage notes the hiring tests how the industry rehabilitates figures tied to major fraud. No further details on Ellison’s responsibilities or compensation were provided, leaving observers to watch how Manifund integrates her and whether additional disclosures will follow and how donors respond.
Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: unsupported claims removed (80% supported) Updated 45d ago.
The obvious questions
What position did Caroline Ellison assume at Manifund?
Coverage states she was hired by the charity, but the specific title or duties were not disclosed.
Which media outlets reported on the hiring?
Ababnews, Bloomingbit, Cryptopolitan, The Block and Business Insider all published stories about the appointment.
Why is the appointment noteworthy?
The hire places a central figure in the FTX collapse into a nonprofit role and was described by the founder as a secret offer, highlighting post‑FTX redemption concerns.
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