As a researcher, I find it important to approach this situation with a balanced perspective based on the available information. Neel Somani’s denial of sexual misconduct allegations against him is a serious matter that demands thorough investigation and transparency.


As a crypto investor, I’ve recently learned that Neel Somani, the founder and CEO of Ethereum layer 2 blockchain project Eclipse, has made an announcement regarding his role within the company. He’s shared that due to allegations of sexual misconduct, he will be temporarily stepping back from his position to focus on addressing these claims.

On May 9th, Somani responded to the allegations against him, maintaining his innocence yet recognizing the gravity of the circumstances.

Somani Denies Sexual Misconduct Allegations

As a crypto investor following the latest developments in the community, I’ve come across some serious accusations leveled against Somani on Twitter within the past week. In response to these unfounded claims, he took to the platform X to clear his name, stating plainly, “I want to address the false allegations made against me on Twitter in the last seven days.”

I’ve never engaged in inappropriate sexual behavior or made unwanted advances towards women. The issue of sexual harassment and assault is a significant concern in our industry and beyond, and I want to make it clear that any allegations against me are unfounded.

— neelsalami.eth (@neelsalami) May 9, 2024

Recognizing the gravity of the situation at hand, I firmly believe that a meticulous and deliberate exploration is essential in addressing the severe claims regarding sexual misconduct. Therefore, I advocate for a comprehensive investigation into these allegations.

According to Somani, he has no history of sexually inappropriate behavior or harassment towards anyone. He is determined to present evidence demonstrating his innocence.

After facing accusations, I chose to relinquish my public-facing position, trusting that Eclipse’s senior management team is capable of managing the responsibilities during my absence. I am confident that giving space for open dialogue will ultimately bring clarity regarding the allegations.

“During my efforts to exonerate myself, it’s unfair for the Eclipse team, our investors, and our community of developers to bear the burden of this situation on their names and the technology we’re developing with such dedication.”

Eclipse Responds

In response to the developing situation, Eclipse showed solidarity for a comprehensive investigation, reiterating its commitment to openness and responsibility through a statement issued on X. The company asserted, “We take allegations directed towards our CEO, Neel Somani, very seriously, and we value truth above all.”

As a dedicated crypto investor, I can assure you that Eclipse prioritizes upholding the utmost standards of integrity both personally and professionally. We strongly advocate for gender equality and fair treatment within our team. Regarding recent allegations against our CEO, Neel Somani, we take these claims seriously and remain committed to uncovering the truth.

— Eclipse (@EclipseFND) May 9, 2024

Amidst Somani’s temporary departure, Eclipse reaffirmed its dedication to its mission. “Our mission at Eclipse has consistently been to connect Ethereum and Solana and create a revolutionary, high-performing blockchain for the future of the cryptocurrency sector,” the company emphasized. “We remain steadfast in our commitment to this vision, our supporters, and the broader ecosystem/community.”

Eclipse, a scaling initiative for Ethereum’s blockchain network at layer 2, has announced the successful completion of its Series A financing round, raking in $50 million before the launch of its mainnet. This funding round was jointly spearheaded by Placeholder and Hack VC. With this addition, Eclipse has now managed to secure a total investment of $65 million.

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2024-05-10 23:25