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Roblox accused of lying to investors about user numbers by Hindenburg Research

Roblox is facing some serious allegations.

However, Hindenburg claims Roblox “intentionally conflates” actual people with daily users, as that number could also include alt accounts and bots. Hindenburg is an activist short-selling firm that infamously publishes research when it says it’s identified something shady about business to make a profit as its share value declines. At the time, Roblox spokesperson Eric Porterfield denied claims that child endangerment is a widespread issue on the platform, saying it frequently updates its safety practices to “catch and prevent malicious activity.”

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