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 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.
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 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.”
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 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 Nears Settlement Over ‘Loot Boxes’ in ‘Genshin Impact’
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 to people with knowledge of the matter.
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’ 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
Video Games Chronicle14h
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 ...
Game Rant8h
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 ...