/ Singapore-based Cognosphere is banned from selling loot boxes to teens under 16 without parental consent.
Genshin Impact developer Cognosphere has to change the way it does loot boxes. Photo by Allison Johnson / The Verge
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. According to the FTC, the company “actively marketed” its loot boxes to children and
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