A new report claims that Roblox has inflated its user numbers to placate investors and has become rife with child abuse.
A damning new report concerning mega metaverse Roblox claims the company has been “lying to investors, regulators, and advertisers,” specifically about the number of active users and the presence of child and sexual exploitation on the platform.
Recommended Videos Hindenburg uses the report to show how Roblox conflates “daily active user” with “person” in various settings but won’t in others, like in SEC filings. Many users create alt accounts so that their main one won’t get compromised. This is a common practice among many online video games and platforms.
Hindenburg writes that Roblox has reported net losses every quarter since it went public, and mostly relies on its growing player base to placate investors. In September, CEO David Baszucki revealed during the Roblox Developers Conference that the company is aiming for 300 million daily active users, up from its current reported 79.5 million daily active users.
David Baszucki Nikola Roblox Roblox Corporation
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