FTC Nears Settlement Over 'Loot Boxes'

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 settlement and several restrictions on how it sells its loot boxes and manages children’s personal data.
FTC says Genshin Impact 'deceived children' and orders its publisher to pay a $20 million fine and stop selling loot boxes to kids
The FTC says "Genshin Impact deceived children, teens, and other players into spending hundreds of dollars on prizes they stood little chance of winning."
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 developer to pay $20M fine to US Federal Trade Commission over loot box violations
The company will pay, and make changes to its disclosures
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 publisher to pay $27m to settle US charges of violating children’s privacy
Singapore-based Cognosphere was accused of unfairly marketing loot boxes to children. Read more at straitstimes.com.
Genshin Impact Developer Banned From Selling Lootboxes To Minors
Genshin Impact developer Cognosphere has agreed to pay the FTC $20m in fines for selling lootboxes to minors in a new settlement
Genshin Impact Publisher Hit With $20M FTC Fine for Marketing Loot Boxes to Children
The Federal Trade Commission (FTC) announced that companies misleading players about the “true cost of in-game transactions” will be “held accountable.”
Genshin Impact Video Game Maker to Pay $20 Million in FTC Case
The maker of the popular video game Genshin Impact agreed to pay $20 million to settle claims that it deceived players about the cost of winning sought-after prizes, the US Federal Trade Commission said Friday.
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.
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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 ...
Genshin Impact maker agrees to pay $20m in FTC case accusing it of violating children's privacy and deceiving players
Genshin Impact maker HoYoverse has agreed to pay $20m to settle a complaint - filed by the US Department of Justice on ...
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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 ...