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Ondo Finance Control Dispute Escalates to Delaware Court Following Founder’s Passing

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FOMOGRAM Editorial Desk
Aug 7, 2026
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Ondo Finance Control Dispute Escalates to Delaware Court Following Founder’s Passing
EXECUTIVE SUMMARY

A legal battle over the governance of Ondo Finance has been brought before Delaware’s Court of Chancery. The estate of the late founder Nathan Allman is contesting Ian De Bode’s position as chief executive and sole director. Kathleen Allman, Nathan Allman’s mother and the personal representative of his estate, submitted a verified complaint on July 24 asserting that the estate possesses a...

A legal battle over the governance of Ondo Finance has been brought before Delaware’s Court of Chancery. The estate of the late founder Nathan Allman is contesting Ian De Bode’s position as chief executive and sole director. Kathleen Allman, Nathan Allman’s mother and the personal representative of his estate, submitted a verified complaint on July 24 asserting that the estate possesses a...

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