Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain 'Eclipse' to Step Back
Summary
Neel Somani, CEO of Ethereum scaling company Eclipse, has decided to step back from his public role following recent allegations of sexual misconduct made against him on social media. Despite denying the allegations, Somani believes they warrant a serious response and will reduce his public role to allow for the truth to emerge. Eclipse, a layer-2 blockchain scaling project on Ethereum, has expressed its commitment to maintaining high personal and professional standards, including gender equality and fair treatment. The company raised $50 million in a Series A funding round in March, bringing its total funding to $65 million.
