Eclipse founder Neel Somani has been replaced as CEO following sexual harassment allegations.

Neel Somani, founder of Ethereum layer 2 blockchain Eclipse, has stepped down from his position as CEO amid sexual harassment allegations.

On May 16, Eclipse Labs said at

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

Operating update on behalf of Eclipse Labs: “Immediately, Vijay Chetty has been appointed CEO of Eclipse Labs, replacing the departing Neel Somani. Chetty has been promoted to Chief Growth Officer and will assume all responsibilities of the CEO.

— Eclipse (@EclipseFND) May 16, 2024

Somani said on May 9 that he had “temporarily scaled back” his role as the company’s “public face” following “serious allegations of sexual misconduct” made against him, which he denied.

“I have never sexually assaulted or harassed any woman,” Somani said. “I will work to clear my name and defend myself.”