Neel Somani, founder and CEO of Eclipse Labs, a San Francisco-based Ethereum scaling project, has stepped back from his public role following allegations of sexual misconduct. Somani maintains his innocence but acknowledges the seriousness of the claims.

Taking to social media platform X (formerly Twitter), Somani addressed the accusations, stating, "These allegations are false, but serious allegations about sexual misconduct warrant a serious and thoughtful response."

Eclipse Labs, committed to upholding professional standards and gender equality, also issued a statement via social media. The company expressed confidence in its senior leadership's ability to handle Somani's absence, allowing "these conversations to unfold and the truth to emerge."

This news comes just two months after Eclipse Labs successfully secured $50 million in funding, bringing their total capital to $65 million. The project aims to tackle Ethereum's scalability issues and foster collaboration between the Ethereum and Solana ecosystems.

Despite the current situation, Eclipse Labs continues to actively hire for various positions, including a Growth Engineer, Marketing Lead, and People Operations Manager. The company prioritizes candidates based in the Bay Area.

While Eclipse Labs navigates these uncharted waters, the focus remains on its core mission: developing a robust scaling solution for the Ethereum network. Whether Somani returns to his public role and how these allegations will impact the project's future remains to be seen.