Former Alameda Research CEO Caroline Ellison joins AI‑focused nonprofit Manifund
Ellison takes a role at Manifund
Caroline Ellison, the former chief executive of Alameda Research, has accepted a position at the nonprofit charity Manifund. She will work on building the organization’s funding platform and help expand its philanthropic activities.
Key facts
- Ellison began a trial period with Manifund in July and became a full‑time employee in August, publishing under the name “Carol.”
- She pleaded guilty in December 2022 to fraud and conspiracy linked to the 2022 collapse of the crypto exchange FTX.
- Ellison served part of a two‑year prison sentence starting in November 2024 and was released early in January 2026 after cooperating with prosecutors.
- Manifund’s mission focuses on artificial‑intelligence safety and effective‑altruism projects.
Co‑founder’s comment
Manifund co‑founder Austin Chen said, “I believe in redemption. Caroline has admitted her faults, worked to make creditors whole, and served her time in prison. I’d like to give her the opportunity to contribute back to the world.”
What is confirmed
The article confirms Ellison’s new role, the timeline of her trial and full‑time work, her use of the pseudonym “Carol,” her 2022 guilty plea, prison service, early release, and the charity’s focus on AI safety and effective altruism.
Why it matters
Ellison’s move from a high‑profile crypto scandal to a nonprofit that targets AI safety illustrates a shift toward redemption and involvement in broader technology‑focused philanthropy.
