FTC Imposes $20 Million Fine on Cognosphere for Misleading Loot Box Practices
The Federal Trade Commission (FTC) has fined Cognosphere, the publisher behind popular games like Genshin Impact, $20 million. The penalty comes as a result of allegations that the company misled users,
Genshin Impact Publisher Hit With $20M Fine for Marketing Loot Boxes to Children
The FTC's complaint alleges that Singapore-based Cognosphere deceived children and other users about the real costs of in-game transactions and the odds of obtaining rare prizes.
Hoyoverse is facing a $20M fine over its loot box mechanics
HoYoverse, publisher of the popular gacha game Genshin Impact, has agreed to pay a $20 million fine and change its marketing practices.
Genshin Impact developer to pay $20M fine to US Federal Trade Commission over loot box violations
The company will pay, and make changes to its disclosures
FTC cracks down on Genshin Impact gacha loot box practices
Genshin Impact developer Cognosphere (aka Hoyoverse) has agreed to a $20 million settlement with the U.S. Federal Trade Commission (FTC) over its gacha loot box monetization and is now banned from selling them to teens under the age of sixteen without parental consent.
Genshin Impact maker fined $20M over loot box deception
The FTC penalized the Genshin Impact developer for misleading marketing around loot boxes and breaching child privacy laws.
FTC Bans Genshin Impact's HoYoVerse From Selling Lootboxes To Teens Under 16, Adds $20 Million Fine
Today, the FTC (US Federal Trade Commission) announced a settlement with Genshin Impact developer HoYoVerse (Cognosphere) regarding marketing loot boxes to children. According to the announcement, HoYo,
Developer Cognosphere Banned from Selling Loot Boxes to Teens Under 16, Fined $20M By FTC
Today, the United States Federal Trade Commission has published a summary of their case against ‘Genshin Impact’ developer Cognosphere, issuing a $20M USD monetary penalty against “Cognosphere Pte. Ltd” and “Cognosphere LLC”.
Genshin Impact’s developer to pay $20 million fine to settle FTC charges
The Federal Trade Commission announced on Friday that Genshin Impact developer Cognosphere has agreed to a $20 million ...
'Genshin Impact' publisher settles US charges of violating children's privacy
Cognosphere, the publisher of anime-style fantasy video game "Genshin Impact," has agreed to pay $20 million to settle U.S.
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Cognosphere Agrees to $20 Million FTC Settlement Over Children's Privacy Violation
Cognosphere, the publisher of 'Genshin Impact', will pay $20 million to settle FTC allegations of children's privacy law violations. It will also introduce age-gate and parental consent mechanisms to ...
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'Genshin Impact' Developer Settles FTC Complaint For $20 Million, Banned From Selling Lootboxes To Minors
As an open world action title, Genshin Impact highlights its feature as freely explorable world, multiple playable characters ...
Video game maker pays US$20 million in US FTC kid-privacy case
THE maker of the popular video game Genshin Impact will pay US$20 million to settle claims it violated kids’ privacy and deceived players about the cost of winning sought-after prizes, the US Federal ...