Key Takeaways:
- Neel Somani, founder and CEO of Eclipse, has decided to reduce his public role in the company following allegations of sexual misconduct posted on the social media platform X.
- Somani has denied the allegations, stating they are unfounded but has stepped back to allow the company to handle the situation more effectively with senior leadership taking over public relations duties.
- Eclipse maintains a commitment to high professional standards, including gender equality and fair treatment, and has recently secured significant funding, enhancing its position in the blockchain industry.
Eclipse, a leading Ethereum scaling chain, is currently in the spotlight as its founder, Neel Somani, announced his decision to reduce his visibility within the company.
This move comes in response to a series of sexual misconduct allegations that surfaced against him on the social media platform X.
Serious allegations have been made against me on Twitter in the last week. These allegations are false, but serious allegations about sexual misconduct warrant a serious and thoughtful response. You'll find that response in the thread below:
— neelsalami.eth 🌑 (@neelsalami) May 9, 2024
Somani, who also serves as CEO, stated on Thursday that the allegations made against him were unfounded.
“Serious allegations have been made against me on Twitter in the last week,” he noted. “These allegations are false, but serious allegations about sexual misconduct warrant a serious and thoughtful response.”
In an effort to allow the company to navigate this controversy, Somani has decided to “temporarily reduce” his role as the public face of Eclipse.
Eclipse CEO Neel Somani Temporarily Steps Back After Misconduct Claimshttps://t.co/LPrsE6Tuyc pic.twitter.com/Gj1pMwcv5u
— Cryptopolitan (@CPOfficialtx) May 10, 2024
He expressed confidence in the senior leadership at Eclipse to handle the company’s public relations effectively during this period.
“The senior leaders at Eclipse are well equipped to take on these responsibilities and this will allow these conversations to unfold and the truth to emerge about these allegations,” Somani added.
Eclipse also made a statement on their official X account, emphasizing their commitment to high personal and professional standards, which includes gender equality and fair treatment.
Eclipse remains committed to maintaining the highest personal and professional standards, including gender equality and fair treatment. The team takes allegations against our CEO, Neel Somani, seriously and believes in the importance of truth.
— Eclipse 🌑 (@EclipseFND) May 9, 2024
“The team takes allegations against our CEO, Neel Somani, seriously and believes in the importance of truth,” the statement read.
The firm, recognized for its contributions to blockchain technology, had previously announced in March that it secured $50 million in a Series A funding round led by Placeholder and Hack VC, bringing their total funding to $65 million.
As this situation continues to develop, the tech and crypto communities are closely watching how Eclipse handles the unfolding events.
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