Roblox Accused Of “Mendacity To Buyers, Regulators, Advertisers,” And “Compromising Baby Security” To Report Progress

One other report, this time from Hindenburg Analysis, has laid claims and accusations on the toes of Roblox, hitting on the now previous chorus of Roblox not doing sufficient to guard the kids on its platform, and on a brand new one: that Roblox is “mendacity to traders, regulators, and advertisers concerning the variety of ‘folks’ on its platform.”

For these unaware, Hindenburg Analysis is a agency that publishes reviews on public firms it believes are appearing in dangerous religion, whereas additionally betting that these firms inventory costs will go down following the report’s publishing.

It’s beforehand completed this to levels of success, however in fact the important thing right here is that the reviews Hindenburg publishes aren’t simply pure slander. They’re in-depth reviews with pages of analysis meant to back-up and argue its claims.

Within the case of Roblox, the report comes away with a few enormous, main accusations. Firstly, that Roblox and its management are flat out mendacity to everybody by reporting inflated participant numbers rely bot accounts and alt-accounts as distinctive gamers.

Second, that it’s “an X-rated pedophile hellscape, exposing kids to grooming, pornography, violent content material and intensely abusive speech.”

In an announcement despatched to Eurogamer, a spokesperson for Roblox known as the report “merely deceptive,” and that “We [Roblox] imagine that Roblox is a secure and safe platform.”

Hindenburg’s report is the primary main one in latest reminiscence to problem Roblox’s engagement numbers, but it surely’s the second main report this 12 months to accuse the corporate of not doing sufficient to guard the thousands and thousands of youngsters that play Roblox on daily basis.

A report from Bloomberg this previous July confirmed how there have been greater than 13,000 incidents of kid exploitation reported on Roblox in 2023. It additionally pointed to an occasion the place a predator on Roblox went so far as kidnapping a younger woman they met by means of the platform, and was even lively on Roblox the day he was arrested.

On the time of that report, Roblox’s chief security officer Matt Kaufman mentioned that he “rejected the declare that youngster endangerment is widespread, or a systemic drawback, on Roblox.”

Earlier than Roblox finally launched on PS5 and PS4, it was being blocked by PlayStation management as a consequence of considerations that it could “exploit” the youthful members of PlayStation’s participant base.

Whereas Roblox actually stays probably the most standard titles throughout gaming platforms, it’ll be curious to see if this newest report re-opens these considerations.

Supply – [Hindenburg Research, Eurogamer]