Maple Finance has refuted allegations made by the CORE Foundation concerning its BTC yield program and syrupBTC product, asserting that these claims misrepresent the facts. The company clarified that the BTC yield program is managed by an independent entity with segregated assets. In response to the declining value of the CORE token, Maple initiated risk management measures, including a planned sale of CORE tokens to protect lenders' principal. However, this sale was halted due to legal action by CORE. Maple Finance also stated that syrupBTC was developed independently without using CORE's confidential information. The company is pursuing legal action to enforce a hedging agreement with CORE, arguing that CORE's claims are baseless and stem from a temporary court application filed without prior notice. Maple plans to return 85% of the principal to lenders in the BTC yield program, with the remainder to be distributed post-legal proceedings. The program is isolated from other operations, ensuring no impact on Maple's broader business activities. Further updates will be provided as the situation develops.