Ondo Finance Founder's Estate Sues for Control Amid Governance Dispute

Nathan Allman's estate administrator files Delaware lawsuit against former president Ian De Bode, alleging illegal seizure of control and seeking judicial confirmation of rightful authority.

Woofun AI reports that the estate administrator of Ondo Finance founder Nathan Allman has filed a lawsuit in Delaware court, accusing former president Ian De Bode of illegally seizing company control following the founder's death. The legal action seeks a judicial ruling on legitimate control and requests maintenance of the status quo, with the administrator noting that initial cooperation with De Bode ended after the board was restructured and voted to remove him.