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.

Roblox penned a lengthy post on its website detailing new rules aimed at preventing inappropriate behavior or content.

There are rumors circulating that Roblox will be banned on Sept. 1? So is Roblox actually shutting down? Here's the truth and what's happening.