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Neil Somani, founder and CEO of Ethereum Layer 2 blockchain challenge Eclipse, has introduced that his function shall be quickly diminished following allegations of sexual misconduct.

In an announcement posted on Might 9, Somani addressed the fees and acknowledged the seriousness of the scenario, however maintained his innocence.

Somani denies allegations of sexual misconduct

The allegations in opposition to Somani surfaced on Twitter final week, and he urged swift motion. He denied them, saying, “Final week, severe allegations have been made in opposition to me on Twitter. These allegations are false,” Somani wrote in a publish on Platform X.

He acknowledged the seriousness of the scenario and emphasised the necessity for an intensive and considerate investigation into the matter, arguing that “severe allegations of sexual misconduct require severe and considerate responses.”

Mr Somani mentioned he had by no means dedicated any type of sexual assault or harassment and expressed his dedication to show his innocence.

In response to the accusations, he determined to step again from his public function and mentioned Eclipse’s senior management is properly outfitted to tackle tasks in his absence. He expressed his confidence that by permitting the required conversations to unfold, the reality of the allegations will emerge.

“Whereas I’m working laborious to clear my identify and shield myself, it can be crucial for the Eclipse staff, traders, and developer ecosystem that this example threatens their fame and the expertise we’re working so laborious to construct. It’s not truthful that it’s being weighed closely on.”

Eclipse responds

Eclipse responded to the event and expressed assist for an intensive investigation. In a separate assertion launched concerning X, the corporate expressed its dedication to transparency and accountability. “Our staff takes the allegations in opposition to our CEO, Neil Somani, critically and believes within the significance of the reality,” Eclipse declared.

Whereas Somani made the choice to quickly step again, Eclipse reassured the neighborhood of its dedication to its mission. “At Eclipse, our mission has all the time been to bridge the hole between Ethereum and Solana and construct a really novel and high-performance blockchain for the way forward for the crypto trade,” the corporate asserted. “We stay dedicated to this imaginative and prescient, our supporters and the broader ecosystem/neighborhood.”

Just lately, Eclipse, a layer 2 blockchain scaling challenge on Ethereum. announced Our Collection A funding spherical was profitable, elevating $50 million forward of our mainnet debut. The funding spherical, co-led by Placeholder and Hack VC, brings the whole quantity raised by the corporate to $65 million.

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