October 9, 2024

Roblox Accused Of Lying To Investors About User Numbers

Claudio Ctin1 mins
Roblox Accused Of Lying To Investors About User Numbers

In new accusations from the investment firm Hindenburg Research, Roblox has landed themselves in hot water, as they are accused of lying to investors about their user numbers. Hindenburg Research has claimed that it is “consistently overstating the amount of people on its platform by 25 percent to 42 percent or more.” This isn’t the first time Roblox had some trouble, as Roblox has been banned from Turkiye for possible child exploitation. While they are said to be working with the government to try and fix this issue, it seems that Roblox is still blocked. Roblox went public in 2021 […]

Read full article at https://wccftech.com/roblox-accused-of-lying-to-investors-about-user-numbers/

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