Core Foundation Wins Injunction Against Maple Finance on Alleged Confidentiality Breach

Core Foundation, the creator of the yield-bearing lstBTC token, won an injunction against Maple Finance over alleged breaches of confidentiality related to their partnership in bringing the token to market. The Grand Court of the Cayman Islands granted the injunction against Maple Finance completing its own liquid-staking token, syrupBTC, or from dealing in CORE tokens pending arbitration proceedings, Core Foundation announced on Wednesday. Judge Jalil Asif said there is evidence supporting Core's claims ...