Cayman Court Grants Core Foundation Injunction to Stop Maple Finance’s Bitcoin Product

• The Grand Court of the Cayman Islands has granted Core Foundation an injunction that halts Maple Finance's plans to launch syrupBTC, a Bitcoin yield product, due to alleged breaches of confidentiality agreements.
• This ruling is significant for Core Foundation as it protects its interests in the Bitcoin
• The case highlights ongoing tensions in the cryptocurrency industry regarding compliance with confidentiality and exclusivity agreements, reflecting broader concerns about market practices and regulatory oversight.

— via World Pulse Now AI Editorial System