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

Roblox is an extremely popular online gaming platform. Far from giving signs that it is shutting down, last year, the company announced a series of upgrades. In fact, on Aug. 22, the company's stock ...

Whether or not Roblox shuts down in the foreseeable future, there are already a myriad of clones ready to take the spotlight.

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 ...