Cryptocurrencies

Neil Somani, founder of Ethereum Layer-2 blockchain Eclipse, has stepped down as CEO.

Ethereum Layer-2 Eclipse blockchain founder Neil Somani has stepped down as CEO amid sexual harassment allegations.

On May 16, Eclipse Labs said

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

Al-Sumani said on May 9 that he would “temporarily step down” from his role as the company’s “public face”, saying he had received “serious allegations of sexual misconduct”, which he denied.

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

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