The U.S. Securities and Exchange Commission (SEC) is currently investigating Roblox, a popular online game platform, according to a recent Bloomberg report. While the SEC confirmed the existence of an "active and ongoing investigation" involving Roblox through a Freedom of Information Act request, details regarding the investigation's scope and subject remain undisclosed. The SEC cited potential harm to the proceedings as the reason for withholding further information. Roblox itself has not yet commented on the investigation.

This investigation follows previous scrutiny of Roblox. Last October, a report alleged that Roblox inflated its daily active user (DAU) numbers and created a harmful environment for children. Roblox vehemently denied these claims, emphasizing its commitment to safety and civility. The company acknowledged potential inaccuracies in DAU figures due to undetected fraud and unauthorized access. In 2024, Roblox announced significant upgrades to its safety features and parental controls.

Prior to this, Roblox faced lawsuits in 2023 from families alleging misleading claims about the platform's safety and appropriateness for children. A 2021 report also examined Roblox's user-generated content and potential exploitation of creators.

Recently, Roblox shares experienced an 11% drop after the company reported 85.3 million daily active users, falling short of analyst expectations of 88.2 million. Roblox CEO David Baszucki stated that the company will continue investing in its virtual economy, app performance, and AI-driven safety and discovery features to improve the user experience and empower creators.