Death of Ondo Finance founder sparks control dispute
- —Nathan Allman was CEO, sole director and controlling shareholder of Ondo Finance
- —Kathleen Allman was appointed estate administrator on June 26, 2026
- —On July 24 she re-elected the board and removed De Bode, appointing herself CEO
- —De Bode disputes the claims, the case is before Chancellor McCormick
Why it matters: The corporate control dispute casts doubt on the governance of one of the largest RWA projects and could affect the ONDO token.
Source: CoinGape