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.
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 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 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' 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 under age 16 from making in-game purchases without parental consent to settle U.
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.
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.
‘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
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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 ...
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FTC says Genshin Impact 'deceived children' and orders its publisher to pay a $20 million fine and stop selling loot boxes to kids
"Genshin Impact is a popular free-to-play, anime-style game designed for older teens and adults," Cognosphere said in a statement. "While we believe many of the FTC's allegations are ...