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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...
Last week, U.S. Attorney General Merrick B. Garland announced in Washington that TD Bank, one of the nation's largest Financial Institutions Groups, had pleaded guilty to multiple felony charges, including conspiracy to violate the Bank Secrecy Act and money laundering. In a statement, Garland confirmed that TD agreed to accept a $1.80 billion criminal fine, which, combined with civil enforcement actions, would total about $3 billion. He noted that the resolution includes "the largest fine ever ...
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