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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.
Genshin Impact Publisher Hit With $20M 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.”
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 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
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,
'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, an in-depth elemental combo-based combat system and an engaging story.
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.
DMR News (English) on MSN
5h
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 ...
1d
on MSN
'Genshin Impact' maker settles US charges of violating children's privacy
Cognosphere, the maker of anime-style fantasy video game "Genshin Impact," has agreed to pay $20 million and block children ...
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