For context, Ellison was convicted of financial crimes which, in part, funded Manifund, and now is drawing a salary from Manifund. This comment on the Manifund substack (by a Manifund fundee!) lays out the concern clearly: https://open.substack.com/pub/manifund/p/caroline-ellison-ha...
"Caroline Ellison (born November 1994) is an American former business executive who pleaded guilty to fraud in 2023 in relation to the bankruptcy of FTX. She was the CEO of Alameda Research, a trading firm affiliated with FTX and founded by Sam Bankman-Fried.[6] Ellison was terminated from her position after FTX and Alameda filed for bankruptcy.[7] In 2022, Ellison pleaded guilty to two counts of wire fraud, two counts of conspiracy to commit wire fraud, conspiracy to commit securities fraud and conspiracy to commit money laundering.[8][9] She served 14 months in federal custody and was released in January 2026."
For context, Ellison was convicted of financial crimes which, in part, funded Manifund, and now is drawing a salary from Manifund. This comment on the Manifund substack (by a Manifund fundee!) lays out the concern clearly: https://open.substack.com/pub/manifund/p/caroline-ellison-ha...
The linked thread is titled "Caroline Ellison has joined Manifund" however I felt this lacked sufficient context to appear newsworthy.
"Caroline Ellison (born November 1994) is an American former business executive who pleaded guilty to fraud in 2023 in relation to the bankruptcy of FTX. She was the CEO of Alameda Research, a trading firm affiliated with FTX and founded by Sam Bankman-Fried.[6] Ellison was terminated from her position after FTX and Alameda filed for bankruptcy.[7] In 2022, Ellison pleaded guilty to two counts of wire fraud, two counts of conspiracy to commit wire fraud, conspiracy to commit securities fraud and conspiracy to commit money laundering.[8][9] She served 14 months in federal custody and was released in January 2026."
https://en.wikipedia.org/wiki/Caroline_Ellison