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HomeCryptocurrencyEthereum L2 Eclipse CEO Steps Again Amid Sexual Misconduct Allegations

Ethereum L2 Eclipse CEO Steps Again Amid Sexual Misconduct Allegations



Neel Somani, the founder and CEO of the Ethereum layer 2 blockchain mission Eclipse, has introduced a brief discount in his position following allegations of sexual misconduct.

In an announcement posted on Could ninth, Somani addressed the accusations, asserting his innocence whereas acknowledging the seriousness of the scenario.

Somani Denies Sexual Misconduct Allegations

The allegations in opposition to Somani surfaced on Twitter previously week, prompting his swift response. He denied them, stating, “Critical allegations have been made in opposition to me on Twitter within the final week. These allegations are false,” Somani wrote in a publish on the platform X.

Acknowledging the seriousness of the scenario, he emphasised the necessity for a radical and considerate investigation into the matter, asserting, “Critical allegations about sexual misconduct warrant a critical and considerate response.”

Somani acknowledged that he has by no means engaged in any type of sexual assault or harassment and expressed his dedication to proving his innocence.

Following the accusations, he determined to step again from his public-facing position, stating that Eclipse’s senior management is well-equipped to deal with the duties in his absence. He expressed confidence that permitting the mandatory conversations to unfold would reveal the reality in regards to the allegations.

“Whereas I work to clear my identify and defend myself, it isn’t truthful for the group at Eclipse, our traders, or our ecosystem of builders to have this case weighing on their reputations and the expertise that we’re working so arduous to construct.”

Eclipse Responds

Eclipse responded to the unfolding scenario, affirming its assist for a radical investigation. The corporate expressed its dedication to transparency and accountability in a separate assertion launched on X. “Our group takes allegations in opposition to our CEO, Neel Somani, critically and believes within the significance of reality,” Eclipse declared.

Amidst Somani’s resolution to step again briefly, Eclipse reassured its neighborhood of its dedication to its mission. “Our mission at Eclipse has all the time been to bridge the hole between Ethereum and Solana and construct a really novel and high-performing blockchain for the way forward for the crypto business,” the corporate affirmed. “We stay dedicated to this imaginative and prescient, our supporters, and our broader ecosystem/neighborhood.”

Eclipse, a layer-2 blockchain scaling mission on Ethereum, not too long ago introduced a profitable Sequence A funding spherical, elevating $50 million forward of its mainnet debut. The funding spherical, co-led by Placeholder and Hack VC, introduced the full quantity raised by the corporate to $65 million.

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