{"id":1551399,"date":"2026-04-12T20:56:15","date_gmt":"2026-04-12T20:56:15","guid":{"rendered":"http:\/\/WiN2DbfpLgXqMiwcLNQkrc"},"modified":"2026-04-12T20:56:15","modified_gmt":"2026-04-12T20:56:15","slug":"defunct-mmo-studio-founder-allegedly-spent-kickstarter-funds-on-private-chefs-antiques-and-tcgs","status":"publish","type":"post","link":"https:\/\/arcader.org\/news\/defunct-mmo-studio-founder-allegedly-spent-kickstarter-funds-on-private-chefs-antiques-and-tcgs\/","title":{"rendered":"Defunct MMO studio founder allegedly spent Kickstarter funds on private chefs, antiques, and TCGs"},"content":{"rendered":"<article>\n<p>Kickstarter MMO <a href=\"https:\/\/www.pcgamer.com\/ashes-of-creation\/\">Ashes of Creation<\/a> has produced a deluge of drama since <a href=\"https:\/\/www.pcgamer.com\/games\/mmo\/2-days-after-promising-it-was-still-worthy-of-your-investment-the-most-successful-kickstarter-mmo-ever-was-canceled-and-its-team-laid-off-the-developers-and-staff-acted-in-good-faith-and-deserved-better\/\">the whole team working on it was laid off and development ended<\/a> two months ago. Investor Jason Caramanis accused Intrepid Studios founder Steven Sharif of taking millions meant for the studio and spending it for himself. <\/p>\n<p>As reported by <a href=\"https:\/\/kotaku.com\/ashes-creation-kickstarter-nefasqs-youtube-sharif-2000686976\" target=\"_blank\">Kotaku<\/a>, More details followed last Friday in a video from <a href=\"https:\/\/youtu.be\/h8xSWtwUl1o\" target=\"_blank\">YouTuber NefasQS<\/a>, who shared Caramanis&#8217; accusations in the first place.<\/p>\n<p>NefasQS claims to have &#8220;obtained and processed the entire Intrepid Studios general ledger from 2015 to 2026.&#8221; Everything discussed in the video has been compiled <a href=\"https:\/\/docs.google.com\/spreadsheets\/d\/1ivYAjjAInMyW3bthU2sulGrVysZoXh6QtzhFhChkGqU\/edit?gid=336740725#gid=336740725\" target=\"_blank\">into a Google Sheets document<\/a> and shared in the video description. In the video, this data is used to allege that Steven Sharif indeed used money intended for Ashes of Creation on a private chef, cigars, trading card websites, and so on.<\/p>\n<p>&#8220;We have a staggering [over $12 million] taken out from Intrepid Studios which are not completely accounted for based on the QuickBooks data that we have,&#8221; NefasQS said in the video. They highlight everything from over $700 spent on Fortnite (for R&#038;D purposes, apparently) to tens of thousands spent at various historical auctions. The video also alleges over $80,000 were paid to Gore Oil Company, which was the deed owner of the mansion sold to Sharif and his husband John Moore in 2020.<\/p>\n<p>The private chef bit is particularly interesting, as NefasQS claims the details align with anecdotes they&#8217;ve heard from people who worked at Intrepid. &#8220;According to various former employees, there was a private chef hired for the company, but they never saw the chef at the workplace, the chef only cooked for John and Steven at their home. Employees were instead promised that the chef would cook for them, or that the chef couldn&#8217;t cook at the workplace due to a permit issue with the commercial kitchen.&#8221;<\/p>\n<p>While NefasQS said in the video that the ledger was &#8220;verified with a plethora of sources and interviews with former employees,&#8221; it&#8217;s important to note that the implications of the video, the full extent of Caramanis&#8217; accusations (and for that matter, <a href=\"https:\/\/www.reddit.com\/r\/AshesofCreation\/comments\/1rm0y1m\/public_statement_and_update_regarding_intrepid\/\" target=\"_blank\">Sharif&#8217;s defense<\/a> where he blames the board of directors for Ashes&#8217; unceremonious end and denies any misconduct) are difficult to verify. We have reached out to Sharif for a comment and will update this story if we hear back.<\/p>\n<p>In a pinned comment on the recent video, NefasQS said, &#8220;Someone already filed a privacy complaint against this video, just a heads up but we will be disputing it. Someone also reported my Reddit account from our community subreddit to the admins,&#8221; with another link to the ledger.<\/p>\n<div class=\"product\"><a data-dimension112=\"8ed3bb80-feba-4111-8c54-9415663eb2d1\" data-action=\"Deal Block\" data-label=\"2026 games\" data-dimension48=\"2026 games\" target=\"_blank\" rel=\"nofollow\"><\/p>\n<figure class=\"van-image-figure \" >\n<div class='image-full-width-wrapper'>\n<div class='image-widthsetter' style=\"max-width:661px;\">\n<p class=\"vanilla-image-block\" style=\"padding-top:98.94%;\"><img loading=\"lazy\" decoding=\"async\" id=\"6offQUY4CXebir2TC27dMd\" name=\"kingdom come 2 square\" caption=\"\" alt=\"\" src=\"https:\/\/arcader.org\/wp-content\/uploads\/2026\/04\/defunct-mmo-studio-founder-allegedly-spent-kickstarter-funds-on-private-chefs-antiques-and-tcgs.jpg\" mos=\"\" align=\"middle\" fullscreen=\"\" width=\"661\" height=\"654\" attribution=\"\" endorsement=\"\" credit=\"\" class=\"\"><\/p>\n<\/div>\n<\/div>\n<\/figure>\n<p><\/a><\/p>\n<p><a href=\"https:\/\/www.pcgamer.com\/games\/new-pc-games-2026\/\" target=\"_blank\" data-dimension112=\"8ed3bb80-feba-4111-8c54-9415663eb2d1\" data-action=\"Deal Block\" data-label=\"2026 games\" data-dimension48=\"2026 games\" data-dimension25=\"\"><strong>2026 games<\/strong><\/a>: All the upcoming games<br \/><a href=\"https:\/\/www.pcgamer.com\/the-best-pc-games\/\" target=\"_blank\"><strong>Best PC games<\/strong><\/a>: Our all-time favorites<br \/><a href=\"https:\/\/www.pcgamer.com\/the-50-best-free-pc-games\/\" target=\"_blank\"><strong>Free PC games<\/strong><\/a>: Freebie fest<br \/><a href=\"https:\/\/www.pcgamer.com\/best-fps-games\/\" target=\"_blank\"><strong>Best FPS games<\/strong><\/a>: Finest gunplay<br \/><a href=\"https:\/\/www.pcgamer.com\/best-rpgs-of-all-time\/\" target=\"_blank\"><strong>Best RPGs<\/strong><\/a>: Grand adventures<br \/><a href=\"https:\/\/www.pcgamer.com\/the-best-co-op-games\/\" target=\"_blank\"><strong>Best co-op games<\/strong><\/a>: Better together<\/p>\n<\/div>\n<\/article>\n<p><a href=\"https:\/\/www.pcgamer.com\/games\/mmo\/defunct-mmo-studio-founder-allegedly-spent-kickstarter-funds-on-private-chefs-antiques-and-tcgs\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kickstarter MMO Ashes of Creation has produced a deluge of drama since the whole team working on it was laid off and development ended two months ago. Investor Jason Caramanis accused Intrepid Studios founder Steven Sharif of taking millions meant for the studio and spending it for himself. As reported by Kotaku, More details followed last Friday in a video from YouTuber NefasQS, who shared Caramanis&#8217; accusations in the first place. NefasQS claims to have &#8220;obtained and processed the entire Intrepid Studios general ledger from 2015 to 2026.&#8221; Everything discussed in the video has been compiled into a Google Sheets document and shared in the video description. In the video, this data is used to allege that Steven Sharif indeed used money intended for Ashes&hellip;<\/p>\n<p class=\"excerpt-more\"><a class=\"blog-excerpt button\" href=\"https:\/\/arcader.org\/news\/defunct-mmo-studio-founder-allegedly-spent-kickstarter-funds-on-private-chefs-antiques-and-tcgs\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":1551400,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[748,135],"class_list":["post-1551399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pc-gamer","tag-games","tag-mmo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Defunct MMO studio founder allegedly spent Kickstarter funds on private chefs, antiques, and TCGs | Arcader News<\/title>\n<meta name=\"description\" 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