The estate of Nathan Allman, founder of tokenization company Ondo Finance, has filed a lawsuit against former president Ian De Bode, alleging De Bode unlawfully took control of the company after Allman's death. The lawsuit was submitted to a Delaware court, which is asked to determine who legally controls the company and preserve the status quo. The estate disclosed that it initially cooperated with De Bode before later restructuring the board and voting to remove him. The court's ruling will clarify the legitimacy of De Bode's leadership and could shape governance at the firm.
Odaily Planet Daily reports that the estate of Nathan Allman, founder of tokenization company Ondo Finance, has filed a lawsuit against former president Ian De Bode. The estate alleges that De Bode unlawfully took control of the company after Allman's death.
The lawsuit, submitted to a Delaware court, asks the court to determine who legally controls the company and to preserve the status quo. The estate said it initially worked with De Bode, but later restructured the board and voted to remove him from his position.
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