Genshin Impact Maker to Pay $20 Million FTC Fine Over Gacha System
Genshin Impact maker Cognosphere – which conducts business as HoYoverse – has agreed to pay a $20 million fine to the Federal Trade Commission (FTC), settling a case which alleges it’s misleading children over the true cost of obtaining rare gacha rewards.
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 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 fined $20 million by FTC for scamming children with loot boxes
Genshin Impact uses loot boxes to promote in-game purchases and the financial implications were allegedly dangerous for children and teenagers. In a complaint to the FTC, the US DoJ alleged rampant use of misleading and unfair tactics.
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.
Genshin Impact maker will pay a $20 million fine to settle FTC charges that allege they misled players about lootbox odds
The allegation that Genshin Impact misleads children about the odds of winning "Five-Star Prizes" in part relates to the Event Banners and "influencer campaigns", which the FTC says "give players the impression that they will have better odds of obtaining the five-star prize being promoted than they have in reality."
FTC orders Genshin Impact's developer to block young teens from making in-game purchases
Kids and younger teens might soon be unable to play Genshin Impact's gachas. The developer behind the game has agreed to block players under 16 years old from making in-game purchases without parental consent in order to settle a complaint from the Federal Trade Commission.
'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. Federal Trade Commission allegations that the company violated a children's privacy law.
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’ Must Pay $20 Million For Misleading Players About Gacha Spending
Genshin Impact remains one of the most popular gacha games in the world, constantly adding new regions and characters, but now they’ve run afoul of the FTC
FTC fines HoYoverse over Genshin Impact’s gacha mechanics
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,” a press relea
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Genshin Impact maker fined $20m over ‘deceptive’ loot boxes and child privacy violation
Genshin Impact maker Cognosphere will pay a $20 million fine and change how it sells loot boxes in order to settle charges ...
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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” ...
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Genshin Impact Player Makes Neat Realization After Making a New Account
When starting a new account, a Genshin Impact player points out an interesting connection between two of the game's most ...
FTC Nears Settlement Over ‘Loot Boxes’ in Popular Video Game
The US Federal Trade Commission is preparing to settle with the company behind the popular video game Genshin Impact over concerns that the money-making mechanics of the game were deceptive, according ...