Ondo Finance had offered it to potential buyers. The identity of those buyers remains unknown. The company itself categorically denies any negotiations regarding a sale.
Allman died at the age of 32 without a will; the controlling stake passed to his elderly parents. A conflict has erupted around the company: the heirs are suing the acting CEO, while Allman’s half-sister is seeking to have her mother declared legally incapacitated. This escalation has likely put any plans for a sale on hold.
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