Neel Somani, the founder and CEO of Eclipse, an Ethereum layer 2 blockchain project, has announced a temporary reduction in his role due to allegations of sexual misconduct. In a statement on May 9th, Somani denied the allegations, stating they are false, and acknowledged the seriousness of the situation, calling for a thorough investigation.

The allegations surfaced on Twitter last week, prompting Somani's swift response. He emphasized that serious allegations require a serious and thoughtful response. Eclipse also released a statement supporting a thorough investigation, affirming its commitment to transparency and accountability.

Somani denied engaging in any form of sexual assault or harassment and expressed his commitment to proving his innocence. He has stepped back from his public-facing role, confident that the truth will come out through necessary conversations. Eclipse's senior leadership will handle responsibilities in his absence.

The situation is unfolding, and Somani's temporary reduction in role aims to allow for a thorough investigation and a focus on truth and accountability.