Charity founder says he secretly gave FTX fraud figure Caroline Ellison a job
"I believe in redemption," Manifund CEO Austin Chen said of hiring Caroline Ellison
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# Summary Manifund CEO Austin Chen hired Caroline Ellison, the former Alameda Research CEO convicted in the FTX fraud scandal, in what Chen described as an act of faith in redemption, though the move sparked controversy given Ellison's central role in the collapse that wiped out billions in customer funds. The hiring decision highlights tensions between second-chance philosophies and accountability in the crypto industry, where Ellison faced significant prison time after her conviction for her involvement in one of finance's largest frauds.
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