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The SEC concluded a case involving video-game platform Roblox (RBLX) in May, according to Bloomberg’s Cecilia D’Anastasio, citing a document seen by Bloomberg News.
Roblox, an online gaming platform, is currently one of the most popular games, with 70 million daily active users, half of whom are under 13.
The US Securities and Exchange Commission concluded a case involving the online video-game platform Roblox Corp. in May, according to a document seen by Bloomberg News.
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Roblox has announced that experiences labeled with the Restricted maturity tag will soon only be available to users aged 18 and over.
The SEC responded to Bloomberg, saying, "We have confirmed with Division of Enforcement staff that there are responsive emails between Enforcement staff referencing Roblox and that these emails ...
Roblox is under investigation by the US Securities and Exchange Commission (SEC). As reported by Bloomberg, the SEC said that Roblox is part of an “active and ongoing investigation" but kept further ...