The SEC concluded a case involving video-game platform Roblox (RBLX) in May, according to Bloomberg’s Cecilia D’Anastasio, citing a document seen by Bloomberg News.

The SEC responded to Bloomberg, saying, "We have confirmed with Division of Enforcement staff that there are responsive emails between Enforcement staff referencing Roblox and that these emails ...

The US Securities and Exchange Commission concluded a case involving the online video-game platform Roblox Corp. in May, according to a document seen by Bloomberg News.

Roblox, an online gaming platform, is currently one of the most popular games, with 70 million daily active users, half of whom are under 13.

Roblox has a long history of getting in trouble with various authorities globally. After its recent ban in Turkey, there is news that the SEC (U.S.

While Roblox has been subject of multiple reports and allegations that their video game platform is unsafe for children, these allegations are not in the scope of the SEC.

All that said, for investors, the SEC's interest may not be the biggest cause for concern here. Will Roblox ever turn a profit? What worries me most about Roblox are its troubling financials.

The SEC responded to Bloomberg, saying, "We have confirmed with Division of Enforcement staff that there are responsive emails between Enforcement staff referencing Roblox and that these emails ...