Neel Somani, founder and CEO of the ethereum layer 2 blockchain project Eclipse, has announced a temporary reduction in his role following allegations of sexual misconduct.
In a statement released on May 9, Somani addressed the allegations, asserting his innocence and acknowledging the seriousness of the situation.
Somani denies sexual misconduct allegations
The allegations against Somani surfaced on twitter last week, prompting his swift response. He denied them, stating: “Serious allegations have been made against me on twitter over the last week. These allegations are false,” Somani wrote in a post on the x platform.
<blockquote class="twitter-tweet”>
I have never sexually assaulted or harassed any woman. This is a serious problem, endemic to our industry and society in general, and I do not intend to minimize it by denying these false accusations.
— neelsalami.eth (@neelsalami) twitter.com/neelsalami/status/1788658999543697532?ref_src=twsrc%5Etfw” data-wpel-link=”external” target=”_blank”>May 9, 2024
Recognizing the seriousness of the situation, he emphasized the need for a thorough and thoughtful investigation into the matter, stating: “Serious allegations of sexual misconduct warrant a serious and thoughtful response.”
Somani stated that he has never participated in any type of sexual assault or harassment and expressed his commitment to proving his innocence.
Following the allegations, he decided to step back from his public-facing role and stated that Eclipse's senior management is well equipped to handle responsibilities in his absence. He expressed confidence that allowing necessary conversations to unfold would reveal the truth about the allegations.
“As I work to clear my name and defend myself, it is not fair for the Eclipse team, our investors, or our developer ecosystem to have this situation weighing on their reputations and the technology we are working so hard to build. .”
Eclipse responds
Eclipse responded to the developing situation, affirming its support for a thorough investigation. The company expressed its dedication to transparency and accountability in a separate statement published on x. “Our team takes the allegations against our CEO, Neel Somani, seriously and believes in the importance of the truth,” Eclipse stated.
<blockquote class="twitter-tweet”>
Eclipse remains committed to maintaining the highest personal and professional standards, including gender equality and fair treatment. The team takes the allegations against our CEO, Neel Somani, seriously and believes in the importance of the truth.
—Eclipse (@EclipseFND) twitter.com/EclipseFND/status/1788660781812518933?ref_src=twsrc%5Etfw” data-wpel-link=”external” target=”_blank”>May 9, 2024
Amid Somani's decision to temporarily step back, Eclipse assured its community of its commitment to its mission. “Our mission at Eclipse has always been to bridge the gap between ethereum and Solana and build a truly novel, high-performance blockchain for the future of the crypto industry,” the company stated. “We remain committed to this vision, to our fans, and to our broader ecosystem/community.”
Eclipse, a layer 2 blockchain scaling project on ethereum, recently Announced a successful Series A funding round, raising $50 million ahead of its mainnet debut. The funding round, co-led by Placeholder and Hack VC, brought the total amount raised by the company to $65 million.
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