Financial Mismanagement
Ongoing coverage on Financial Mismanagement.
Latest coverage
Founder of dead MMO Ashes of Creation denies blowing its Kickstarter fortune on trading cards, private chefs, and…
Steven Sharif, founder of Intrepid Studios, has denied accusations of misappropriating Kickstarter funds for the MMO Ashes of Creation. YouTuber NefasQS presented accounting details suggesting significant spending on personal luxuries, which Sharif claims are false and part of a smear campaign amidst ongoing legal disputes.
Ashes of Creation’s alleged expense ledger has been leaked to ruin your weekend
An alleged expense ledger from Intrepid Studios, the developer of Ashes of Creation, has been leaked, purportedly detailing financial mismanagement by studio head Steven Sharif. The ledger, shared by YouTuber NefasQS, allegedly covers expenses from 2015 to 2025, including personal expenditures and low employee payroll relative to the cost of living. Sharif had previously denied financial wrongdoing in response to lawsuits.