The Grand Court of the Cayman Islands has issued an injunction against Maple Finance, preventing the launch of its Bitcoin yield product, syrupBTC, and restricting transactions with the CORE token during ongoing arbitration. This legal action, announced by the Core Foundation on November 19, stems from allegations that Maple breached confidentiality and exclusivity agreements in their collaboration to develop lstBTC. Core Foundation accuses Maple of misusing its intellectual property to create syrupBTC, violating a 24-month exclusivity clause. The court's decision underscores the seriousness of the allegations, aiming to prevent Maple from gaining a competitive edge or misusing Core’s proprietary technology. Additionally, Core has raised concerns about Maple's financial practices, accusing it of declaring a write-down despite assurances of Bitcoin protection by reputable custodians. Maple Finance has denied these claims, asserting that the dispute is confined to a pilot project and does not impact its broader operations. This case may set a precedent for how DeFi collaborations handle exclusivity and confidentiality disputes through traditional legal systems.