A major legal showdown in the crypto world has taken a sharp turn after the Grand Court of the Cayman Islands granted Core Foundation an injunction blocking Maple Finance from launching syrupBTC, its upcoming Bitcoin yield product.

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The ruling marks a significant escalation in a dispute centered on allegations of breached confidentiality, violated exclusivity agreements, and improper handling of lender assets.

Court Sides With Core Amid Confidentiality and Exclusivity Dispute

The injunction comes after Core Foundation argued that Maple Finance misused confidential information and internal work developed during their joint creation of lstBTC, a liquid-staked Bitcoin product unveiled in early 2025.

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