Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain 'Eclipse' to Step Back
Neel Somani, founder of Ethereum scaling chain Eclipse, said multiple sexual misconduct allegations circulating against him on X were "false."

Neel Somani, the founder and CEO of Ethereum scaling company Eclipse, said on Thursday that he would be stepping back from his role as a "public face" for the company in response to a recent slate of sexual misconduct allegations.
"Serious allegations have been made against me on Twitter in the last week," Somani said in a post on X (formerly Twitter). "These allegations are false, but serious allegations about sexual misconduct warrant a serious and thoughtful response."
Serious allegations have been made against me on Twitter in the last week. These allegations are false, but serious allegations about sexual misconduct warrant a serious and thoughtful response. You'll find that response in the thread below:
— neel (@neelsalami) May 9, 2024
"I'll be temporarily reducing my role as a public face for Eclipse," he wrote. "The senior leaders at Eclipse are well equipped to take on these responsibilities and this will allow these conversations to unfold and the truth to emerge about these allegations."
Somani did not immediately respond to a request for comment. A spokesperson for Somani told CoinDesk that no legal charges have been filed against him in connection with any sexual misconduct allegations.
Eclipse posted a separate statement to its official X account, saying it "remains committed to maintaining the highest personal and professional standards, including gender equality and fair treatment."
"The team takes allegations against our CEO, Neel Somani, seriously and believes in the importance of truth," the company wrote.
Eclipse is a layer-2 blockchain scaling project on Ethereum. In March, the firm disclosed that it raised $50 million in a Series A funding round co-led by Placeholder and Hack VC, bringing the total amount raised by the company to $65 million.
UPDATE (Oct 22, 2024, 19:00 UTC): Adds comment from spokesperson for Somani that no legal charges have been filed against him in connection with any sexual misconduct allegations.
More For You
Protocol Research: GoPlus Security

What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Pye Finance Raises $5M Seed Round Led by Variant and Coinbase Ventures

The platform aims to make locked Solana staking positions tradable via an onchain marketplace.
What to know:
- Pye Finance raised a $5 million seed round led by Variant and Coinbase Ventures, with participation from Solana Labs, Nascent and Gemini.
- The startup is building an onchain marketplace on Solana for time-locked staking positions that can be traded.
- Pye says the product targets Solana’s large pool of staked SOL, worth roughly $75 billion, and aims to give validators and stakers more flexibility over terms and reward flows.











