FTC punish Genshin Impact gacha loot box practices
Genshin Impact designer Cognosphere (aka Hoyoverse) has actually accepted a $20 million settlement with the U.S. Federal Trade Commission (FTC) over its gacha loot box money making and is now prohibited from offering them to teenagers under the age of sixteen without adult approval.
This follows the FTC referred a problem to the Department of Justice over the business's unjust marketing of loot boxes to minors, obscuring their real expenses and deceptive gamers about the chances of winning rewards. Cognosphere will be needed to execute steps to avoid kids under 16 from making in-game purchases without adult approval as part of the settlement.
"Genshin Impact tricked kids, teenagers, and other gamers into costs numerous dollars on rewards they stood long shot of winning," stated Samuel ...