Family Feud Erupts Over Crypto Empire After Founder's Death

A crypto company founder died young without a will. Now his mom and half-sister are fighting in court over millions. Nathan Allman was just 32 when he passed away in May. He left behind Ondo Finance and a huge pile of tokens. His parents inherited everything since there was no will. His mom Kathleen took charge fast. She put herself on the board and tried to fire the acting CEO Ian De Bode.

De Bode didn't go quietly. He had already set up an $11 million pay package for himself. That happened days after Nathan died. The package included a massive salary bonus and millions in tokens. Kathleen sued him calling it a power grab. A Delaware court agreed with her. But the drama didn't stop there.

Now Kathleen's own daughter Dr. Lani Clinton has turned against her. Clinton is a medical professor at Duke. She filed papers in Hawaii saying her mom can't handle the business. She claims Kathleen has a serious drinking problem spanning decades. She also says her mom shows signs of dementia. The court documents describe strange behavior over several years.

Kathleen denies all of it. Her lawyers say Clinton is working with De Bode to seize control. They call the claims baseless and desperate. Kathleen says she only wants to protect her son's vision. The tokens at stake include locked ones that unlock over three years. That's a lot of money on the line.

The whole thing reads like a TV drama. A dead founder. A mom versus daughter battle. A CEO accused of plotting riches. Courts in two states weighing in. Nobody knows who will end up running Ondo Finance. The tokens keep unlocking while the lawyers fight.