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,
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 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 developer fined $20M over Loot Boxes and privacy violations
The Federal Trade Commission (FTC) has imposed a $20 million fine on Cognosphere, the U.S. subsidiary of Chinese gaming developer miHoYo, for deceptive marketing practices and violations of child privacy laws.
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."
Cognosphere to pay $20m to settle FTC complaint on Genshin Impact
Genshin Impact distributor Cognosphere has agreed to pay $20 million to settle charges made by the US Federal Trade
Genshin Impact Developer Agrees to $20 Million Settlement Over Lootbox Deception
The developer behind the popular video game Genshin Impact, Cognosphere Pte. Ltd., has agreed to a $20 million settlement with the
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. The Latest Tech News, Delivered to Your Inbox
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 ...
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Genshin Impact maker fined $20m over ‘deceptive’ loot boxes and child privacy violation
Update: Cognosphere confirms it has reached a settlement with the FTC, plans new restrictions on Genshin Impact loot box ...
Genshin Impact maker agrees to pay $20m in FTC case accusing it of violating children's privacy and deceiving players
ORIGINAL STORY 17/01/25 UK: Genshin Impact maker HoYoverse has agreed to pay $20m to settle a complaint - filed by the US ...
Video Game Distributor Fined $32 Million For Misleading Players
Singaporean video game distributor Cognosphere has been slapped with a US$20 million (A$32 million) fine to settle a claim ...