GameStop CEO accused of selling Game Informer vault items on eBay

Ryan Cohen’s eBay auctions of collectibles, intended to help fund a bid for the marketplace itself, have drawn accusations that some items came from the former Game Informer vault.

On May 6 Cohen posted links to the listings, which include sealed retro games, statues, a GameStop hat, store carpet, and other memorabilia, each accompanied by a signed copy of his acquisition proposal letter. Frank Cifaldi, founder of the Video Game History Foundation, claimed on Bluesky that several listings appear to have been taken from the legendary Game Informer vault, which held decades of video-game history until GameStop closed the publication in 2024.

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Updating its unsolicited bid announced earlier on May 4, GameStop has disclosed a 5% economic stake in eBay while proposing a $55.5 billion non-binding acquisition at $125 per share in cash and stock. Funding includes $9.4 billion in cash and liquid investments—featuring $368 million in bitcoin—and up to $20 billion in financing, prompting questions over the retailer's cryptocurrency future.

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Following GameStop's $56 billion unsolicited bid for eBay, CEO Ryan Cohen faced sharp grilling on CNBC over financing gaps and deal viability. His vague, incoherent answers drew laughs from hosts and prompted investor Michael Burry to dump his entire stake, spooking markets.

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