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Loot Box, Genshin Impact
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 maker fined $20M over loot box deception
The FTC penalized the Genshin Impact developer for misleading marketing around loot boxes and breaching child privacy laws.
23h
on MSN
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 ...
2d
on MSN
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 ...
9h
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 ...
player.one
1h
'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.
3h
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 ...
1d
on MSN
Genshin Impact publisher to pay $27m to settle US charges of violating children’s privacy
Singapore-based Cognosphere was accused of unfairly marketing loot boxes to children. Read more at straitstimes.com.
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