The Federal Trade Commission (FTC) announced that companies misleading players about the “true cost of in-game transactions” ...
The company will pay, and make changes to its disclosures ...
HoYoverse, publisher of the popular gacha game Genshin Impact, has agreed to pay a $20 million fine and change its marketing ...
Genshin Impact developer Cognosphere (aka Hoyoverse) has agreed to a $20 million settlement with the U.S. Federal Trade ...
The FTC penalized the Genshin Impact developer for misleading marketing around loot boxes and breaching child privacy laws.
Genshin Impact developer HoYoverse has been fined $20 million by the US Federal Trade Commission for "selling lootboxes to teens under 16 without parental consent.
Singapore-based Cognosphere was accused of unfairly marketing loot boxes to children. Read more at straitstimes.com.