JUST IN ⚡
Ondo Finance faces a new succession crisis as Kathleen Allman's estranged daughter files a conservatorship petition in Hawaii. 🚨
The 77‑year‑old founder’s daughter alleges that Allman is suffering from dementia, alcoholism, and reckless spending. She is seeking a limited conservatorship to shield her parents’ share of her brother’s substantial Ondo stake. The move intensifies an already volatile power struggle that has rattled the platform’s governance and raised doubts among token holders. Legal experts warn that a court ruling could trigger a reallocation of voting rights and impact liquidity across exchanges. ⚖️
Investors should monitor upcoming court decisions for potential shifts in Ondo’s governance structure. ⚡
$ONE, $AVA, $ONE
Ondo Finance faces a new succession crisis as Kathleen Allman's estranged daughter files a conservatorship petition in Hawaii. 🚨
The 77‑year‑old founder’s daughter alleges that Allman is suffering from dementia, alcoholism, and reckless spending. She is seeking a limited conservatorship to shield her parents’ share of her brother’s substantial Ondo stake. The move intensifies an already volatile power struggle that has rattled the platform’s governance and raised doubts among token holders. Legal experts warn that a court ruling could trigger a reallocation of voting rights and impact liquidity across exchanges. ⚖️
Investors should monitor upcoming court decisions for potential shifts in Ondo’s governance structure. ⚡
$ONE, $AVA, $ONE
