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,
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.
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.
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.
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”.
GamesIndustry2d
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 ...
Video Games Chronicle1d
Genshin Impact maker fined $20m over ‘deceptive’ loot boxes and child privacy violation
Update: Cognosphere confirms it has reached a settlement with the FTC, plans new restrictions on Genshin Impact loot box ...
Push Square1d
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 ...
Genshin Impact’s developer to pay $20 million fine to settle FTC charges
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
Gameranx2d
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 ...
'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.
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 ...
devdiscourse4d
Cognosphere Agrees to $20 Million FTC Settlement Over Children's Privacy Violation
Cognosphere, the publisher of 'Genshin Impact', will pay $20 million to settle FTC allegations of children's privacy law violations. It will also introduce age-gate and parental consent mechanisms to ...
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 ...