Genshin Impact Game Developer Will be Banned from Selling …
2 days ago · Game developer Cognosphere allegedly unfairly marketed loot boxes to children that obscured real costs and misled all players about the odds of obtaining prizes
FTC Imposes $20 Million Fine on Cognosphere for Misleading Loot Box …
1 day ago · 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, particularly children, about the true costs associated with in-game transactions, including the odds of winning sought-after “five-star” loot box prizes.
FTC settlement order bans sales of Genshin Impact loot boxes to …
4 days ago · Thanks to a settlement with the FTC, HoYoverse will no longer sell loot boxes to kids under 16 without their parents’ consent, and will make sure kids under 13 get the protection of the Children’s Online Privacy Protection Act.
Developer Cognosphere Banned from Selling Loot Boxes to …
2 days ago · Alongside civil penalties, the companies are prohibited from selling loot boxes to children under the age of 16 without “affirmative express consent” of their parents, along with these other injunctions: Prohibited from selling loot boxes using virtual currency without providing an option for consumers to purchase them directly with real money;
Genshin Impact’s developer to pay $20 million fine to settle FTC ...
1 day ago · Singapore-based Cognosphere is banned from selling loot boxes to teens under 16 without parental consent. By Wes Davis, a weekend editor who covers the latest in tech and entertainment. He has ...
2 days ago · Cognosphere, LLC has been a wholly owned subsidiary of Defendant Cognosphere Pte. Ltd. Cognosphere, LLC transacts or has transacted business in this District ... loot boxes at all, or have discontinued the sale of loot boxes in recent years in favor of other monetization strategies. Alternatively, if HoYoverse insisted on offering
FTC cracks down on Genshin Impact gacha loot box practices
2 days ago · 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 ...
action to regulate loot boxes, especially when targeting children and teens.4 If she is successful in persuading her colleagues in Congress to do the same, our action against Cognosphere shows that the Federal Trade Commission is prepared to vigorously enforce any new requirements.
Genshin Impact Publisher Hit With $20M Fine for Marketing Loot Boxes …
2 days ago · 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 ...
Genshin Impact Publisher Hit With $20M Fine for Marketing Loot Boxes …
1 day ago · The complaint says Cognosphere misled players about the odds of winning, particularly when it came to sought-after “five-star” loot box prizes. ... Loot boxes are banned in many EU countries ...
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