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 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.
FTC Penalizes Genshin Impact For “Deceiving Children” With $ 20 Million Fine, Monetization To Change
“Genshin Impact deceived children, teens, and other players into spending hundreds of dollars on prizes they stood little chance of winning. Companies that deploy these dark-pattern tactics will be held accountable if they deceive players, particularly kids and teens, about the true costs of in-game transactions.”
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
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 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 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' 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.
FTC orders Genshin Impact's developer to block young teens from making in-game purchases
Genshin Impact's gacha system "deceived children, teens, and other players into spending hundreds of dollars on prizes they stood little chance of winning," the FTC said.
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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 ...
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' 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 ...