No I don't believe the allegations.
I had a phase where I did think he did it after watching Leaving Neverland, but then I found out a few more things that have completely changed my opinion. I ended up going down the MJ rabbit hole and now I do not believe anything the media have put out there, it was driven by an agenda to tarnish his image at all costs because of the way he spoke out against the corruption of the systems within the industry, not least the industry giants like Sony. He ended up owning over 50% of Sony and he spoke out freely in speeches against the racism and corruption that would deprive artists of freedom. He was fighting the corrution in the system. Aaron Carter said that the FBI offered his own mother money to get him to say that he'd been molested. He refused and went on record with the whole story.
I think he was a victim of a perfect storm of circumstance, him crossing some very powerful people, plus him being victim of his own naivety, mh issues and extreme crushing loneliness, mostly due to his upbringing. People have perpetually jumped on the MJ gravy train and used him, as @Hubhubba26 mentioned, as an ATM whenever their particular MJ gravy train dried up. To this day it's happening as BIG money is to be made via the biopic. Now there are doctored photos of the Cascios family kids, shown partially clothed, having been added into MJ pictures by AI where the original photos show just MJ alone. Frank Cascio released an album 'Michael' two days after MJ's death, with unreleased songs on it, but several of these songs were found to be sung by an impersonator so was a fraud to make cash.
There is so much to be found on Wade Robson and James Safechuck, SO many holes in their stories, and in their families 'recollections'. I recommend watching the Square One documentary which brings all of this evidence to light. My opinion had already done a complete U-turn and I knew he was innocent before watching that but it confirmed everything for me.
When you take a closer look at each individual case, there are SO many holes in all of their stories and funnily enough, they've all run out of cash at the moment they decide to sue the estate.
So no I don't believe the allegations anymore and I feel sad for the poor tortured soul that was Michael Jackson and I try to focus on his enormous generosity and kindness, donating his own time and millions of his OWN money for children's welfare across the globe.