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

Roblox is accused by Hindenburg Research of inflating its user numbers, allegedly overstating daily active users by up to 42%. Hindenburg, known for its short-selling practices, suggests that Roblox's figures include bots and multiple accounts per individual.

Despite Roblox's denial, Hindenburg also criticizes the platform for not adequately protecting children from inappropriate content.

They describe finding an "X-rated pedophile hellscape" during their in-game investigations.

The backlash from these allegations has caused a noticeable dip in Roblox's share price.

Previously, Roblox was also accused by a financial newsletter of facilitating child abuse, claims which the company vehemently denies.

Roblox asserts its fiscal health, citing a 22% growth in bookings over the past year from $780.7 million to $955.2 million.

The company emphasizes its increasing cash flow and robust financial standing, despite the controversy.

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Yoooo, this is a quick note on a link that made me go, WTF? Find all past links here.