Ondo Finance founder's family in legal dispute over conservatorship in Hawaii

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A Hawaiian court has received a petition from the estranged daughter of 77-year-old Kathleen Allman seeking a limited conservatorship over her parents. The petition alleges that Kathleen Allman suffers from dementia and alcoholism, and has engaged in reckless spending. The dispute centers on protecting the parents' share of a stake in Ondo Finance, a cryptocurrency firm. The legal action adds further complexity to an already unfolding succession crisis at Ondo Finance involving the Allman family.

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