GameStop CEO Accused Of Auctioning Off Remnants Of Game Informer Vault
Key Points:
- GameStop CEO Ryan Cohen attempted to fund a $56 billion bid for an online reseller site by selling items on eBay, some of which are alleged to be from the Game Informer Vault, a collection of decades-old video game history.
- Frank Cifaldi, founder of the Video Game History Foundation, accused Cohen of auctioning off Vault items, which remain GameStop property despite Game Informer's revival under Gunzilla Games.
- Sources confirmed that certain rare retro games listed by Cohen matched items from the Vault, while other items like baseball cards were not from the Vault; some items remain unverified.
- The sale of these items has drawn criticism from former Game Informer staff and industry figures, who argue that the Vault's contents should be preserved, not auctioned off.
- Cohen was suspended from eBay for suspicious activity related to the listings, and GameStop has yet to comment on the situation.