DRAGONFLY Managing Partner HASEEB QURESHI stated that due to rumors of sexual harassment history involving ECLIPSE project founder NEEL SALAMI, DRAGONFLY has decided not to invest in the project. HASEEB raised concerns, suggesting that actual investors could not have been unaware of these rumors and pointing out that this seems to be NEEL's long-standing pattern of behavior. Additionally, ECLIPSE CEO NEEL SOMANI announced a "temporary withdrawal" from his position due to sexual harassment allegations, despite maintaining his innocence. HASEEB expressed disdain for the ECLIPSE project's ability to secure funding and NEEL's cashing out millions of dollars through the secondary market, emphasizing that the crypto industry should not tolerate such behavior.

Odaily Planet Daily News: Haseeb Qureshi, the managing partner of Dragonfly, stated on X platform that during the initial due diligence on the Eclipse project, they heard rumors about the project's founder Neel Salami having a history of sexual harassment, leading them to quickly decide not to invest. Haseeb questioned that if Dragonfly heard these rumors with only minimal due diligence, it is unlikely that actual investors have not heard about it. Haseeb believes that although it was just a rumor at the time and Dragonfly did not conduct a thorough investigation, from everything they heard, it seems to be Neel's long-standing behavior pattern. Haseeb is disgusted that the Eclipse project could secure funding and Neel could cash out millions of dollars in the pre-launch phase through the secondary market, emphasizing that the crypto industry does not tolerate such behavior.

In previous news, Eclipse CEO Neel Somani announced on Thursday that he would "temporarily step down" from his responsibilities in the Ethereum Layer 2 solution due to allegations of sexual harassment. Despite multiple allegations involving his misconduct, Somani firmly asserts his innocence in a post.

DRAGONFLY has abandoned its investment in ECLIPSE due to rumors of founder's sexual harassment.