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

Roblox has a monthly player count of over 200 million. A not-so-insignificant portion of these players are teenagers or even younger children, leading to child exploitation accusations.

Roblox’s stock dropped amid growing concerns over the lack of security measures to protect its large number of child users.

Roblox, the online gaming platform wildly popular with children and teenagers, is rolling out an open-source version of an ...