CRYPTO SUCCESSION IS GETTING WEIRD
Ondo Finance founder Nathan Allman died in May.
Now his estate ALLEGES the company’s CEO basically pulled a “well, I guess I own this now” while everything was tied up in probate.
Then Mom showed up.
Kathleen Allman says she used the estate’s voting power to REMOVE CEO Ian De Bode and install herself as interim CEO.
De Bode’s response?
Yeah, no. He says the allegations are “meritless.”
So one of crypto’s biggest tokenization companies currently has two sides basically pointing at each other like:
“I run Ondo.”
“No, I run Ondo.”
And now Delaware court gets to figure out who actually has the keys.
To be clear: these are allegations, and the court has NOT ruled on who legally controls the company.
But man...
Nothing spices up a corporate power struggle quite like Mom walking into the boardroom and firing the CEO.