The Grand Court of the Cayman Islands has issued an injunction against Maple Finance, preventing the launch of its syrupBTC product and trading in CORE tokens. This legal action follows allegations by Core Foundation of unauthorized use of confidential information and breach of an exclusivity agreement. Maple Finance, which had marketed its Bitcoin yield product as 'counterparty risk-free', has accumulated over $150 million in customer Bitcoin. The company now faces impairment claims affecting lenders, while Core Foundation continues to assert its rights and promote Bitcoin innovation.