BlockBeats news, September 12: Former Alameda Research CEO and SBF's ex-girlfriend Caroline Ellison has joined the nonprofit charity Manifund, where she is responsible for developing its funding platform and participating in charitable projects.
Manifund co-founder Austin Chen said that Ellison began working on a trial basis in July of this year, officially transitioned to a full-time employee in August, and publishes related work under the pseudonym "Carol." Chen said he hopes to give Ellison "a chance to start over," and noted that she has admitted her wrongdoing, helped compensate creditors for their losses, and served her sentence.
Ellison pleaded guilty in December 2022 to fraud and conspiracy charges related to the FTX collapse, and testified in court against FTX founder Sam Bankman-Fried during the trial. She was originally sentenced to two years in prison, entered prison in November 2024, and was released early in January 2026.
Manifund mainly focuses on AI safety and effective altruism projects. Ellison said she is grateful to Chen for giving her a "second chance," and said she feels fortunate to be able to work at an institution that shares her mission.

