Eclipse Appoints New CEO as Neel Somani Faces Sexual Misconduct Accusations
Eclipse Appoints Contemporary CEO as Neel Somani Faces Sexual Misconduct Accusations
Eclipse Labs founder and CEO Neel Somani has officially stepped down and been replaced by Vijay Chetty “efficient straight away” following allegations of sexual misconduct.
In a social media put up, Eclipse Labs offered the departure of Somani and Chetty’s promotion from chief development officer to CEO.
“Chetty brings over a decade of crypto-native journey to the helm, having held management positions at Uniswap Labs, dYdX Buying and selling, and Ripple Labs to boot to his investing journey at BlackRock,” acknowledged the firm by map of the social media platform X.
Operational update on behalf of Eclipse Labs: “Efficient straight away, Vijay Chetty shall be named CEO of Eclipse Labs, taking on for Neel Somani who’s departing. Chetty shall be elevated from Chief Growth Officer and could presumably presumably accumulated reflect all responsibilities of CEO.
— Eclipse 🌑 (@EclipseFND) Could presumably 16, 2024
On Friday, Somani took to the social media platform X, beforehand Twitter, to address the allegations citing he’s innocent and willing to shield his recognition. Closing week, Somani acknowledged he would be “temporarily lowering” his characteristic because the final public face of the firm and said that he’s innocent and willing to shield his recognition.
The allegations occupy not yet been proven in court docket.
Eclipse Labs is a layer-2 blockchain scaling project built on Ethereum with headquarters in San-Francisco. In March, Eclipse Labs offered it had raised $50 million in funding round to fuel the starting up of its solution for scaling the Ethereum network.
The funding round used to be co-led by Placeholder and Hack VC, bringing the total capital raised to $65 million. Other considerable contributors in the round included Polychain Capital, Delphi Digital, Maven 11, DBA, Apollo-managed funds, and Fenbushi Capital.
Eclipse Labs offered it is hiring for several roles, including a Growth Engineer, Advertising and marketing Lead, and Americans Operations Manager, with a desire for candidates essentially based mostly in the Bay Put.
Source : cryptonews.com
