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 Event Banners and "influencer campaigns", which the FTC says "give players the impression that they will have better odds of obtaining the five-star prize being promoted than they have in reality."
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 to pay $20M fine to US Federal Trade Commission over loot box violations
The company will pay, and make changes to its disclosures
Genshin Impact Developer Agrees to $20M Fine Over Loot Box Violations
Genshin Impact publisher Hoyoverse has agreed to a settlement with the United States Federal Trade Commission where it agrees to pay a $20 million fine, and be banned from sellling lootboxes to teenagers under the age of 16.
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.”
Genshin Impact Video Game Maker to Pay $20 Million in FTC Case
The maker of the popular video game Genshin Impact agreed to pay $20 million to settle claims that it deceived players about the cost of winning sought-after prizes, the US Federal Trade Commission said Friday.
FTC says Genshin Impact 'deceived children' and orders its publisher to pay a $20 million fine and stop selling loot boxes to kids
The FTC says "Genshin Impact deceived children, teens, and other players into spending hundreds of dollars on prizes they stood little chance of winning."
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.
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”.
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