Steven Sharif, former founder and game director of Intrepid Studios, alleges a "deliberate misinformation and defamation campaign" against him amid ongoing legal battles with investors led by Robert Dawson. He claims to have received a 0 million acquisition offer from Riot Games, which he was advised to reject. Sharif posted a 3,700-word statement on Reddit, including court filings with witness declarations from former staff and statements from investors. Riot Games co-founder Marc Merrill clarified that while they considered acquiring Intrepid, they ultimately decided not to proceed. Sharif accuses Dawson of orchestrating a defamation effort and claims that investor Jason Caramanis sought to intimidate him. Additionally, TFE Games Holdings has filed a separate lawsuit against Sharif for allegedly misappropriating funds. Sharif asserts that he believed the company was financially stable before its shutdown and that access to financial details was limited after a control shift in 2024.