Power struggle erupts at Ondo Finance after founder’s death
Three Delaware court filings reveal a battle for control of Ondo Finance after founder Nathan Allman's death.
AI Summary
Ondo Finance is embroiled in a corporate control battle following the death of founder Nathan Allman. His estate, led by his mother Kathleen Allman, alleges that former President and current CEO Ian De Bode unlawfully seized control of the tokenization firm. Three Delaware court filings ask a judge to determine who lawfully controls the company and to bar extraordinary actions until the governance dispute is resolved.