PANews, September 12: According to The Block, Caroline Ellison, former CEO of Alameda Research, has taken a new position at the nonprofit charity Manifund, where she is responsible for developing its funding platform and enhancing its charitable initiatives. Manifund’s co-founder Austin Chen revealed that Ellison began working on a trial basis at the nonprofit in July and transitioned to a full-time role in August, during which she published her work under the pseudonym “Carol.” In December 2022, Ellison pleaded guilty to charges of fraud and conspiracy related to the collapse of the FTX cryptocurrency exchange, which resulted in billions of dollars in losses for customers.
Alameda Research former CEO Caroline Ellison joins nonprofit Manifund
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Summary
Caroline Ellison, former CEO of Alameda Research, has joined the nonprofit Manifund to help build its funding platform and expand its charitable initiatives. She began in July under the name "Carol" and became a full-time employee in August. Ellison pleaded guilty in December 2022 to fraud and conspiracy charges related to the FTX collapse, which resulted in massive losses in the cryptocurrency sector. Her move comes amid ongoing scrutiny of cryptocurrency regulations and regulatory developments.
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