2024-05-10 02:21:43 ET
Neel Somani, founder and CEO of the Ethereum layer 2 blockchain Eclipse, introduced that he’s “quickly lowering” his public position. Per a Could 9
post
, this resolution was made amid allegations of sexual misconduct.
Clearing the air round these accusations on X, Somani acknowledged,
“Severe allegations have been made in opposition to me on Twitter within the final week. These allegations are false.”
He emphasised, “I by no means sexually assaulted or harassed any lady,” and declared his intent to “defend” himself and “clear” his title.
In line with Somani, his stepping again would permit “these conversations to unfold” and “the reality to emerge” concerning the allegations.
Eclipse workforce will prepared the ground
The Eclipse CEO additionally expressed his confidence within the capabilities of Eclipse’s senior management throughout his time away. He remarked they’re “nicely outfitted” to successfully handle the agency throughout his absence.
Responding to the state of affairs, Eclipse
issued
an announcement on Could 9 by way of an X submit.
The workforce affirmed they take the accusations “severely” and are dedicated to upholding the very best requirements of conduct. The submit additionally talked about the corporate’s dedication to “gender equality and truthful remedy.”
Strategic developments amid challenges
The controversy arose simply after Eclipse Labs efficiently
raised
$50 million in a Sequence A funding spherical, elevating its whole capital to $65 million.
The funding spherical, co-led by Placeholder and Hack VC, included notable individuals like Polychain Capital, Delphi Digital, and Maven 11, amongst others. Strategic contributions got here from Circulate Merchants, GSR, Apollo International Administration, and OKX Ventures.
Earlier, the agency launched the mainnet of its Ethereum layer 2 in September 2023.
In different information, developments round
layer 2 solutions
for Ethereum have seen an enormous uptick over the previous 12 months. Most not too long ago, cryptocurrency alternate OKX launched X Layer, an Ethereum layer-2 scaling answer, on its public mainnet.
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CEO of Ethereum L2 Eclipse faces sexual misconduct allegations
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