Reported by Cyrus Farivar

Roblox, the wildly popular children’s video game platform, may have a money laundering problem.

According to a new court filing, more than 300 Roblox users are purportedly laundering money by using in-game currency to purchase fake in-game goods, according to a proposed settlement filed in San Francisco federal court Tuesday.

“They appear to be using the Roblox platform to send money to one another by purchasing fake items, a highly inefficient and costly means of transferring money which suggests they may be engaged in money laundering or other improper behavior,” the filing states.

The settlement is part of a nearly-two-year-old class-action lawsuit filed against the gaming giant involving the sale of in-game goods between players for “Robux,” an in-game currency that can be bought for actual U.S. dollars.

The case alleges that Roblox arbitrarily removed some in-game items from players after they’d been sold, depriving that player of both the item, and the money they had already paid for it.

Filed by the plaintiff, the new settlement document specifically states that some Roblox users will not be eligible to receive any of the $7.5 million in money that Roblox will pay to the millions of affected users once the case is settled. That’s because Roblox had disclosed in a new court filing that it determined that the owners of 311 accounts each had spent 80,000 Robux (more than $1,000) on items that were transacted between the same buyer and seller multiple times or where the buyer and seller are the same person — what the filing called “suspicious behavior.”

Read full report: https://www.forbes.com/sites/cyrusfarivar/2023/03/30/hundreds-of-roblox-users-may-be-engaged-in-money-laundering-court-filing-says/?sh=79ee0e3381c7