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Ondo Finance founder's estate sues, seeking court confirmation of company control

2026-08-06 22:04
Odaily News: The estate administrator of Nathan Allman, founder of tokenization company Ondo Finance, has accused former president Ian De Bode of illegally seizing control of the company following the founder's death.

The lawsuit has been filed in a Delaware court, seeking a ruling on who legally controls the company and requesting that the status quo be maintained. The estate administrator stated that it initially cooperated with De Bode but later restructured the board of directors and voted to remove him from his position.