Update: Cognosphere confirms it has reached a settlement with the FTC, plans new restrictions on Genshin Impact loot box ...

The Federal Trade Commission (FTC) has imposed a $20 million fine on Cognosphere, the U.S. subsidiary of Chinese gaming ...

The FTC fined Genshin Impact developer HoYoverse $20 million for misleading loot box practices and violating children’s privacy laws. The game allegedly deceived players about the cost and odds ...

Genshin Impact uses loot boxes to promote in-game purchases and the financial implications were allegedly dangerous for ...

Some of the allegations FTC put forward in their report included aggressively marketing the game to minors and obtaining ...

The FTC has fined Genshin Impact developer HoYoverse for ... players under the age of 16 won’t be able to purchase loot boxes without their parent’s go-ahead. HoYoverse will also need to ...

The developer behind the popular video game Genshin Impact, Cognosphere Pte. Ltd., has agreed to a $20 million settlement ...

The Federal Trade Commission has fined the publisher of Genshin Impact $20 million for allegedly deceitfully marketing loot boxes to children and illegally collecting their data. The FTC's ...

The Federal Trade Commission (FTC) announced that companies misleading players about the “true cost of in-game transactions” will be “held accountable.” ...

The maker of the video game Genshin Impact has agreed to pay $20 million and make changes to address allegations by the ...