FTX and Alameda Research still causing the effective altruists problems

What happened

Manifund CEO Austin Chen questioned whether hiring Caroline Ellison, the former CEO of Alameda Research, could hurt the organization. The article states that his concern has now come true.

Confirmed

Global impact / market context

Hiring a leader tied to FTX and Alameda Research can damage a charity's reputation, which may reduce donations, make partners cautious, and force the group to spend time and money managing criticism instead of its mission.

Analyst inference

Donors and partners tied to crypto may react to this hiring decision by reviewing their support for effective altruist groups, showing how past FTX and Alameda Research failures still affect funding and trust decisions.

Analyst inference

What to watch

1. Manifund and Caroline Ellison are named in the article, so any new statement from Manifund about her role would show how the organization responds. Confirmed
2. Watch whether donors, partners, or other effective altruist groups distance themselves from Manifund or Ellison, which would reveal the practical cost of this hiring decision. Analyst inference
3. Watch if this story causes more scrutiny of groups connected to FTX, Alameda Research, or effective altruism, which could affect future donations, hiring, and partnerships. Analyst inference

Evidence

• protos.com