Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims

As an experienced analyst, I believe that the recent allegations against Neel Somani, founder and CEO of Eclipse, a blockchain company focused on Ethereum layer 2 solutions, are serious and require a thoughtful response. While Somani maintains that the allegations are false, it is essential for him to take a step back from his public role in the company during this time to allow the truth to emerge.


Neel Somani, the founder and CEO of Eclipse, a layer 2 blockchain solution on Ethereum, has announced that he will be taking a step back from being the public representative of the company temporarily. This decision comes in response to allegations of sexual misconduct against him.

As a researcher examining this situation, I acknowledge that there have been grave accusations brought against me on Twitter within the past week. These claims, however, are unfounded. In addressing such significant allegations of a sensitive nature, it’s essential to approach the situation with careful consideration and thoughtfulness.

He stated that he had never engaged in sexual misconduct or harassment towards any woman, and he intended to take steps to prove his innocence and mount a defense.

Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims

Eclipse’s top executives were prepared to handle these duties, paving the way for open discussions regarding the accusations and ultimately revealing the truth.

In a May 9 post on X, Eclipse’s team expressed concern over the accusations against their CEO, Neel Somani, and reaffirmed their commitment to honesty.

Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims

Somani and Eclipse did not immediately respond to requests for comment.

In March, I reported that Eclipse announced the closing of a $50 million Series A funding round, with Hack VC and Placeholder spearheading the investment. This addition brought the company’s total capital raised to $65 million.

The firm launched the mainnet of its Ethereum layer 2 in September 2023.

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2024-05-10 07:17