Ondo Finance succession crisis deepens as Kathleen Allman's daughter seeks conservatorship, alleging 'dementia,' alcoholism, and reckless spending to protect her stake
The legal battle over Ondo Finance's succession has intensified after founder Nathan Allman's sudden death in May, which left his parents, Kathleen and Lawrence Allman, as inheritors. Dr. Lani Clinton, Kathleen Allman's estranged daughter, has petitioned a Hawaiian court to establish a limited conservatorship over her 77-year-old mother's share of the estate, which includes a controlling equity interest in Ondo Finance and a large holding of ONDO tokens. Dr. Clinton, a professor of medicine, claims her mother suffers from a long-standing alcohol use disorder and progressive cognitive impairment, rendering her unable to manage significant property and business affairs. Kathleen Allman has denied the allegations, calling them baseless.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:CoinDesk · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Posco International acquires US shale gas asset for $550 million
-
2
Samsung's Rainbow Robotics halts US robot shipments due to new American restrictions, plans to seek approval and US production
-
3
New Zealand's sovereign wealth fund has achieved a 14.2% annual return, ranking first globally, but its CEO warns that high returns in US equities are unsustainable.
-
4
Bitcoin corporate treasuries bought just 5.9K BTC in three months as holdings remained at unrealized loss
-
5
Ethereum founder Vitalik Buterin tweeted a comment on the ancient Chinese philosopher Mozi, calling his thought "proto d/acc."
-
6
Ethereum founder Vitalik Buterin: Qwen 3.8 Flash model's performance is impressive, local models are expected to handle a large number of tasks
-
7
AI boom tightens MLCC supply, giving Samsung Electro-Mechanics pricing power as it begins raising prices
-
8
Lookonchain monitoring shows Garrett Jin, the largest on-chain ZEC short, is now down over $26M, holding a $51.5M short position with a liquidation price of $2,631.53.
-
9
Microsoft AI Head Warns: Uncontrolled AI Could Lead to "Silicon Species" Competing with Humans, Criticizes Anthropic's Approach to AI
-
10
The 2026 Cryptocurrency Market: How to Identify High-Risk Altcoin Trading Platforms
Markets Today
Recommended Reading



