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FTX and Alameda Research still causing the effective altruists problems

Manifund CEO Austin Chen wondered if the decision to hire disgraced former Alameda CEO Caroline Ellison could “blow up quite badly.” It has.

Manifund hires Caroline Ellison while fighting FTX over $1.5M

Manifund, a charity focused on AI and effective altruism, has created a stir by admitting to hiring disgraced Alameda CEO Caroline Ellison.

Former Alameda CEO Caroline Ellison and FTX co-founder Gary Wang have received a five-year trading ban from the CFTC.

Ellison was given two years in September 2024 for her role in the collapse of FTX and the theft of $8B worth of customer funds.

Caroline Ellison is the third individual related to the collapse of FTX to be sentenced. Two others will learn their fate later this year.