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 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."
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
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 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.
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
Developer Cognosphere Banned from Selling Loot Boxes to Teens Under 16, Fined $20M By FTC
Today, the United States Federal Trade Commission has published a summary of their case against ‘Genshin Impact’ developer Cognosphere, issuing a $20M USD monetary penalty against “Cognosphere Pte. Ltd” and “Cognosphere LLC”.
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' Dev Cognosphere Ordered To Pay $20 Million in Relation to FTC Charges
Genshin Impact developer Cognosphere agreed to pay a $20 million settlement with the Federal Trade Commission over a number of charges.
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'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.
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 ...
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 ...