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All that said, for investors, the SEC's interest may not be the biggest cause for concern here. Will Roblox ever turn a profit? What worries me most about Roblox are its troubling financials.
What is the SEC investigation about? According to news reports last month, the SEC has an ongoing "active investigation" into Roblox.
While Roblox has been subject of multiple reports and allegations that their video game platform is unsafe for children, these allegations are not in the scope of the SEC.
The rumors that Roblox is shutting down emerged as lawsuits allege the gaming platform is not a safe environment for minors. Here's what to know.
There are rumors circulating that Roblox will be banned on Sept. 1? So is Roblox actually shutting down? Here's the truth and what's happening.
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