ChainCatcher news, according to CoinDesk, crypto venture capital giant Polychain has accused its former employee Niraj Pant of engaging in behind-the-scenes deals with the invested project Eclipse Labs that violate the fund's policies.According to three insiders and internal documents from Eclipse reviewed by CoinDesk, former CEO of Eclipse Labs Neel Somani quietly allocated 5% of the upcoming Eclipse crypto token to Pant in September 2022—just days after Pant instructed Polychain to lead a $6 million pre-seed round investment in the company.The final allocation was reduced to 1.33%, valued at approximately $13.3 million based on the fully diluted valuation from the most recent private investment round. (According to sources close to Eclipse Labs, the company's recent funding round set the fully diluted valuation of its token at $1 billion.)"Polychain only became aware of the financial relationship between Eclipse and Niraj Pant after Mr. Pant left the company," a Polychain spokesperson said in an email to CoinDesk. "Polychain has strict policies and procedures regarding employees serving in advisory roles. After Mr. Pant left Polychain, the company discovered he had violated its policies and conducted an investigation."