FTX’s Caroline Ellison is “Carol” Now and Secretly Works for a Charity

Remember Caroline Ellison? The Alameda CEO who helped Sam Bankman-Fried steal $8 billion in customer funds from FTX. After serving 2 years in prison, she is now doing charity work under the name "Carol".

Manifund cofounder Austin Chen disclosed on Friday that the former Alameda Research CEO is now a full-time hire. Manifund is a nonprofit grant platform that funds effective altruism and artificial intelligence safety projects. It promises radical transparency by publishing its finances, data, and source code.

A Transparency Pledge and a Hidden Hire

Ellison reportedly started a work trial on July 13 and converted to a full-time role on August 10. Across both months, she posted updates and handled user support as Carol.

Chen apologized for the pseudonym while defending the decision. His broader argument leans on second chances rather than on her résumé.

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