Genshin Impact Game Developer Will be Banned from Selling …
1 day ago · The maker of the video game Genshin Impact has agreed to pay $20 million and to block children under 16 from making in-game purchases without parental consent to settle Federal Trade Commission allegations the company violated a children’s privacy law and deceived children and other users about the real costs of in-game transactions and odds of …
FTC settlement order bans sales of Genshin Impact loot boxes to …
3 days ago · If you don’t know what a loot box is, just ask any kid in your life to explain it. While you’re at it, ask them about the video game Genshin Impact. Then tell them about why the FTC just sued the game’s developer HoYoverse (Cognosphere Pte. Ltd and Cognosphere, LLC) for its confusing loot box system that costs players a LOT of money.
FTC cracks down on Genshin Impact gacha loot box practices
1 day ago · 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 ...
FTC orders Genshin Impact's developer to block young teens
4 hours ago · Under the FTC's proposed order, it wants to prohibit Genshin Impact from selling loot boxes using virtual currency unless it also provides an option to purchase them directly with real money. It ...
Genshin Impact maker will pay a $20 million fine to settle FTC …
4 hours ago · Genshin Impact's developers have agreed to pay a $20 million (around £16.4m) fine to settle charges brought by the US Federal Trade Commission.The FTC allege that HoYoverse "unfairly marketed loot boxes to children that obscured real costs and misled all players about the odds of obtaining prizes."
‘Genshin Impact’ Must Pay $20 Million For Misleading ... - Forbes
13 hours ago · "Genshin Impact deceived children, teens, and other players into spending hundreds of dollars on prizes they stood little chance of winning," said Samuel Levine, director of the FTC’s Bureau of ...
Genshin Impact developer to pay $20M fine to US FTC over
1 day ago · The FTC alleged the video was edited “to depict a fake loot box prize win, in a way that would have been impossible in the Genshin Impact game.” (The proof provided by the FTC is that Genshin ...
Genshin Impact maker agrees to pay $20m in FTC case accusing …
1 day ago · As per the FTC's announcement, the complaint accused Singapore-based Cognosphere - which does business under the name HoYoverse - of actively marketing Genshin Impact to children and of collecting ...
Cognosphere Statement on U.S. FTC Settlement | HoYoverse
1 day ago · SINGAPORE, Jan 18, 2025 - Cognosphere, the distributor of Genshin Impact, has reached a settlement agreement with the United States Federal Trade Commission to strengthen and increase transparency around our parental consent and virtual currency practices. A statement from Cognosphere is below: "Animation-style games and shows are well-received …
FTC says Genshin Impact 'deceived children' and orders its …
2 days ago · "Genshin Impact is a popular free-to-play, anime-style game designed for older teens and adults," Cognosphere said in a statement. "While we believe many of the FTC's allegations are inaccurate ...
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