Cryptocurrencies

Neil Somani, founder of the Ethereum Layer-2 blockchain Eclipse, has left his position as CEO

Neil Somani, founder of the Ethereum Layer-2 blockchain Eclipse, has left his position as CEO amid allegations of sexual misconduct.

On May 16, Eclipse Labs said on

Chetty, Eclipse’s Chief Growth Officer to date, has held leadership positions at Uniswap Labs, dYdX Trading, and Ripple Labs in addition to his investment experience at BlackRock.

Al-Sumani said on May 9 that he would “temporarily reduce” his role as the “public face” of the company, saying that “serious allegations of sexual misconduct” had been made against him, which he denied.

Al-Sumani said he “never sexually assaulted or harassed any woman” and “will work to clear my name and defend myself.”

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