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Cayman Court Grants Injunction Against Maple Finance in Alleged lstBTC Breach Dispute

Cayman Court Grants Injunction Against Maple Finance in Alleged lstBTC Breach Dispute

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CoinOtag logoCoinOtagNovember 20, 20251 min read
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The Grand Court of the Cayman Islands issued an injunction against Maple Finance entities for allegedly breaching an exclusivity agreement with Core Foundation on lstBTC, a liquid staked Bitcoin token. This bars Maple from launching a competing product, syrupBTC, and using CORE tokens without consent, pending arbitration. Core Foundation invested heavily in lstBTC development with

. This bars Maple from launching a competing product, syrupBTC, and using CORE tokens without consent, pending arbitration. Core Foundation invested heavily in lstBTC development with