Genshin Impact’s developer to pay $20 million fine to settle FTC charges
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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.”
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 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 Bans Genshin Impact's HoYoVerse From Selling Lootboxes To Teens Under 16, Adds $20 Million Fine
Today, the FTC (US Federal Trade Commission) announced a settlement with Genshin Impact developer HoYoVerse (Cognosphere) regarding marketing loot boxes to children. According to the announcement, HoYo,
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
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.
'Genshin Impact' Developer Settles FTC Complaint For $20 Million, Banned From Selling Lootboxes To Minors
As an open world action title, Genshin Impact highlights its feature as freely explorable world, multiple playable characters, an in-depth elemental combo-based combat system and an engaging story.
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.
'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.
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Genshin Impact maker will pay a $20 million fine to settle FTC charges that allege they misled players about lootbox odds
The allegation that Genshin Impact misleads children about the odds of winning "Five-Star Prizes" in part relates to the ...
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Genshin Impact Developer HoYoverse Required to Disclose Gacha Banner Odds In US FTC Settlement Accusing Developers of Exploiting Players - Updated
A newly published settlement between the FTC and HoYoverse targets HoYoverse's unchecked permissions for children to play and ...