News list for " the Federal Trade Commission"

"Original God" overseas publisher Cognosphere intends to settle with the US FTC for $20 million

US FTC (FTC) announced that Cognosphere, a subsidiary of Mihayou and the overseas publisher of "Original God", has agreed to pay $20 million to reach a settlement. In addition to the $20 million fine, Cognosphere's "Cognosphere Pte. Ltd" and "Cognosphere LLC" have also received a number of injunctions, according to a summary of the case released by the US FTC, including: Prohibition of offering only virtual currency purchases when selling unboxing gameplay, and must disclose the probability of w...

clock
2025-01-19 02:31:03
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.