Tristan Thompson Sues World Mobile for $2 Million Crypto Deal

- NBA champion seeks $2 million over alleged breach of endorsement contract with UK crypto firm - Legal dispute emerges as WMTX token price tumbles from $0.98 to under $0.05 On May 30, 2026 (UTC), CoinDesk reported that former NBA champion Tristan Thompson filed a $2 million lawsuit in Delaware Chancery Court against World Mobile Group, a UK-based crypto telecom company, alleging breach of contract and unauthorized use of his image after their high-profile endorsement deal unraveled. According to CoinDesk on May 30, 2026, Thompson claims that World Mobile agreed to compensate him with up to $1 million per year in WMTX tokens for two years, appointing him as both brand ambassador and Chief Digital Equity Officer, but later terminated his contract after disputes over excess token payments and their handling. Thompson’s suit reportedly seeks unpaid compensation, damages, and an injunction to stop World Mobile from using his likeness in any promotional content, as he alleges that the company ended their relationship without cause and failed to fulfill its contractual obligations. Meanwhile, CoinDesk reported on May 30, 2026, that the WMTX token’s value has plummeted, trading under $0.05 after reaching a 2022 peak of $0.98, which underscores the volatility currently defining celebrity-driven crypto endorsements. As a result, the Thompson–World Mobile clash not only highlights the challenges for athletes and other high-profile figures entering the tech sector, but also reflects mounting tensions in the broader crypto industry as token prices drop and endorsement contracts begin to unravel.