The rumors that Roblox is shutting down emerged as lawsuits allege the gaming platform is not a safe environment for minors.

Speculation is rife over another potential shutdown of Roblox, as the platform is targeted by lawsuits and TV investigations.

Roblox posted strong fiscal second-quarter results earlier this month. Bookings jumped 51% to $1.44 billion, beating estimates.

There were multiple lawsuits alleging that Roblox is not a safe environment for minors. However, these lawsuits have not concluded or resulted in the shutdown of the game. It is possible that the game ...