TL;DR: Roblox faced a $12 billion market cap loss after banning YouTuber Schlep, who exposes child predators on its platform. The ban sparked community outrage, a petition against CEO David Baszucki, ...

Rumors have been swirling that popular online gaming platform Roblox is shutting down. Roblox allows users to make a virtual universe and participate in millions of games and interactive environments.

The online video game purveyor is apparently not doing as well as it could in the sale of its in-game currency. That morning, M Science's Corey Barrett wrote a fairly pessimistic update on Roblox ...