Core FoundationGrand Cayman Island Supreme Court altcoin project upon application of Maple FinanceHe issued an interim injunction against . The court stated that there was a serious matter worthy of trial regarding the violation of the cooperation agreement between the two parties. Within the scope of the decision, Maple will launch its new product syrupBTC and CORE coinHe was prohibited from doing business with without the written approval of the Core Foundation.
Core–Maple Cooperation in Crisis
Earlier this year, Core Foundation and Maple Finance launched Bitcoin 
$91,789.74 aiming to generate returns from their assets lstBTC had collaborated to develop the product called. Core provided significant financial resources and technical infrastructure support in this process, and the product was launched in February. Consensus Hong Kong was introduced at the event. Following the collaboration, assets under Maple’s management grew rapidly, exceeding $500 million. However, the Core Foundation misused Maple’s confidential collaboration data starting in the middle of the year. syrupBTC He claimed to have developed a rival product called .
According to the evidence Core submitted to the court, the 24-month exclusivity clause between the two institutions was in effect and Maple continued to benefit from Core’s capital and parallelly advanced its own project. The court dated 26 September 2025 and [2025] In its decision numbered 105, CIGC (FSD) ruled that compensation for damages would not be sufficient and decided to ban Maple from using Core’s confidential information and promoting similar products.
There Are Concerns About Bitcoin Yield Product and the Fate of Assets
Core Foundation, Maple Bitcoin Return He questioned the statements of losses on billions of dollars of assets in his program. Core argued that these assets had to be held in bankruptcy-protected accounts at independently licensed depositories, so losses or return issues could not be explained. He also stated that in the lstBTC structure, Bitcoin principal was secured with option contracts that provided protection against CORE’s price movements, but these protections were suspended after Maple’s violations.
While Core stated that the legal measures it took were mandatory to protect its ecosystem and investors, it announced that it would continue to develop similar products with new collaborations. Maple Finance is X In his statement on his account, he announced that he would use all legal remedies, claiming that the dispute was limited only to the BTC Yield pilot program carried out with the Core Foundation, that its general activities were not affected, and that Core acted against the interests of the lender.
CryptoAppsy According to the data at the time of preparation of the news SYRUP coin While it is traded at $0.3639 with a 4.76 percent decrease in the last 24 hours, CORE coin is traded at $0.1677 with a 0.19 percent increase in the same period.
