Neel Somani, the founder of Eclipse, a Layer-2 blockchain for Ethereum, has stepped back from his position following sexual misconduct allegations against him circulating on social media platform X. Somani has denied the allegations, claiming they are false.

Neel Somani, founder of Eclipse, which builds a layer-2 blockchain for Ethereum, said sexual misconduct allegations circulating against him on X were "false."

Ethereum Layer-2 Chain 'Eclipse' Founder Steps Back Amid Sexual Misconduct Allegations