Nov 21, 04:58 PM

Roblox ($RBLX) Faces Undisclosed SEC and FTC Probes Over Hindenburg Allegations of Inflated Metrics

Roblox Corporation ($RBLX) is currently facing undisclosed investigations by the U.S. Securities and Exchange Commission (SEC) Enforcement and the Federal Trade Commission (FTC). These probes have emerged in the wake of serious allegations made by Hindenburg Research, which claims that Roblox has inflated key metrics for investors while also being described as a 'pedophile hellscape for kids.' The company has not publicly acknowledged the existence of these probes and may be unaware that they have been initiated. This situation raises significant concerns regarding Roblox's operational integrity and regulatory compliance.

#Roblox Corporation #Federal Trade Commission #FTC #Hindenburg Research #Roblox

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