technology / software
7 hours ago

Genshin Impact's Developer Agrees to $20M FTC Fine Over Controversial Gacha Loot Boxes

Genshin Impact's Developer Agrees to $20M FTC Fine Over Controversial Gacha Loot Boxes
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7 Highlights
  • Cognosphere agrees to a $20M fine for unfair marketing to children.
  • HoYoverse collected children’s data without consent, violating COPPA.
  • FTC bans loot boxes for under-16s without parent approval.
  • Loot box odds must be disclosed to prevent deceptive practices.
  • Parental consent needed for teens' loot box transactions.
  • Cognosphere to allow direct virtual currency purchases.
  • FTC mandates data deletion collected from under-13s.
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