After allegations of sexual harassment were made against its previous CEO, the Ethereum layer-2 Eclipse Project is now under new leadership.
Neel Soomani, former CEO and founder of this project, has retired from the role. According to a 16 May announcement from Eclipse Labs, Somani will be succeeded by Vijay Chetty, “efficitive immediately.”
Eclipse doesn’t specify the cause of Somani’s resignation in its announcement.
Chetty, currently leading Eclipse, has been the project’s growth officer until now. His past experiences include leadership roles at dYdX Trading, Ripple LabsHe has also worked with investment manager BlackRock. He worked also with BlackRock, an investment manager.
Somani continues to deny the allegations. He declared on May 9, that he would be leaving the country. “temporarily reducing” The following is a list of the most recent and relevant articles. “public face” After the allegations against him.
He claimed that he had not “sexually assaulted or harassed” anyone.
Eclipse also announced on the same day that they are taking the accusations against Somani seriously. “seriously” The following are some examples of how to get started: “believes in the importance of truth.”
Some cryptocurrency enthusiasts reacted immediately to the former. suggesting The fact that he resigned proved his guilt.
Eclipse’s investors and backers have expressed discontent with the situation. Dragonfly Capital managing director Haseeb Qreshi revealed While conducting background research on Ecliplse, his VC company passed up the opportunity to invest.
Reportedly, Dragonfly was made aware of Somani’s history of sexual harassment claims.
“If we heard this doing only minimal diligence, there’s no way the actual investors didn’t also hear the same,” Qureshi posted a message in X.
Hack VC posted to X on X, that they were an investor in Eclipse. “deeply troubled” About the accusations made against the ex-founder of Eclipse. It was revealed by the firm that they had urged Somani resign, and were happy about his decision.
“To be perfectly clear: the alleged behavior in question is unacceptable, full stop.” This is what the company wrote.
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Source: crypto.news