A philanthropic organization, Manifund, recently hired Caroline Ellison, formerly of Alameda Research, sparking significant backlash within the effective altruism movement. This development is concerning because it highlights the lingering reputational damage stemming from the FTX collapse and its impact on organizations associated with the movement. As a result, the Centre for Effective Altruism has banned Manifund from its programs, and the charity's CEO now fears the situation could lead to its closure.
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