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.
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Summary
- Founder Nathan Allman’s estate alleges former President Ian De Bode unlawfully seized control of Ondo Finance after the founder’s death.
- The lawsuit asks a Delaware court to determine who lawfully controls the tokenization firm and preserve the status quo.
- The estate says it initially worked with De Bode before reconstituting the board and voting to remove him.
