Eclipse Labs Promotes Vijay Chetty to CEO Nearly a Week After Neel Somani's Ouster

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Eclipse Labs Promotes Vijay Chetty to CEO Nearly a Week After Neel Somani's Ouster
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Neel Somani, the founder and CEO of Eclipse Labs, stepped down after sexual assault allegations recently surfaced.

Pepe Hits All-Time High as GameStop Rally Extends15:40Eclipse Labs' appointed Vijay Chetty as its new CEO, after Neel Somanilast week after sexual assault allegations. Chetty was the chief growth officer at the firm before his promotion.

"Chetty brings over a decade of crypto-native experience to the helm, having held leadership positions at Uniswap Labs, dYdX Trading, and Ripple Labs in addition to his investing experience at BlackRock," Eclipse posted on X.first emerged last week, and in response, he said he would step back as the company's public face.

“Since learning about the allegations, we worked hard with other investors and the team to correct the situation, including urging Neel to resign, and we are pleased to see that happen,” HackVC, an investor in the company,These allegations have not been proven in court, and Somani maintains that he has done nothing wrong.

“These allegations are false, but serious allegations about sexual misconduct warrant a serious and thoughtful response,”

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