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The Ondo Finance Succession Crisis Gets Messier as Kathleen Allman’s Daughter Alleges ‘Dementia’, Alcoholism and Reckless Spending

The estranged daughter of 77-year-old Kathleen Allman has petitioned a Hawaiian court to establish a limited conservatorship to protect her parents’ share of her brother’s stake in Ondo.

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Nathan Allman's death without a will left his parents heirs to a controlling stake and tokens ONDO, while his family disputes a compensation package of $11 million attributed to the interim CEO of Ondo Finance.

According to ChainCatcher, Ondo Finance founder Nathan Allman passed away suddenly in May of this year at the age of 32 without leaving a will. His parents, Kathleen Allman and Lawrence Allman, inherited his estate, including a controlling stake in Ondo and a large number of ONDO tokens. Subsequently, Kathleen Allman sued acting CEO Ian De Bode, accusing him of attempting to seize control of the company and arranging a compensation package of ap…

Request for guardianship over Kathleen Allman's participation in Ondo Finance's in-depth succession crisis and includes charges against interim CEO

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BizToc broke the news on Thursday, September 17, 2026.
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