The Korea Fair Trade Commission has imposed a fine of ₩11.6 billion ($8.9 million) on Nexon, the developer of MapleStory, for misleading players by failing to inform them about changes in the probability of in-game item drops over nearly a decade. This action was taken after it was found that Nexon had altered the odds of purchasable item drops, commonly known as loot boxes, without notifying its customers. The fine represents the highest penalty issued for a violation of South Korea's Act on Consumer Protection in Electronic Commerce. The Korean FTC's investigation revealed that the deceptive practices regarding the game's gacha mechanics had been ongoing for this period.
The ESA has told us how seriously its members take loot box concerns, so it must be mortified about ESA member Nexon being fined for misleading loot box practices. Again. | This Week in Business https://t.co/VwLhEkehH5 https://t.co/ZwektWhIQG
Our newly award-nominated This Week in Business column kicks off the new year with a look at Nexon's fine for manipulating loot box odds and a brief FYI about some pre-Christmas news you may have missed https://t.co/VwLhEkdJRx https://t.co/CkiC9deRMV
This Week in Business talks TinyBuild's closure of Versus Evil before jumping into Nexon's loot box shell game and the state of esports in 2024 https://t.co/VwLhEkdJRx https://t.co/2pmAVKOcPB
Nexon has been fined nearly $9 million by the Korean FTC after the regulatory body found that the MapleStory developer engaged in deceptive loot box practices over the period of nearly a decade. https://t.co/bzPadQeJUQ https://t.co/nun9TREewm
MapleStory Developer Nexon Fined Nearly $9 Million for Deceptive Loot Box Practices by Korean FTC https://t.co/ujrvhctBn7 https://t.co/te2ZjY8T7u
MapleStory dev Nexon fined $8.9 million by Korean regulator for misleading players https://t.co/ngzfI9KxtT
Nexon fined $8.9m for misleading MapleStory players Penalty is highest amount given for violating South Korea's Act on Consumer Protection in Electronic Commerce https://t.co/XZi1Y630K9 https://t.co/ffe6RJ4ag0
Nexon faces a fine of nearly $9M for falsifying loot box drop rates. https://t.co/z8XUuy2dYX
Nexon has been fined for allegedly tampering with #Maplestory's gacha mechanics https://t.co/7Gvm7iiXOZ https://t.co/imm35Vb7Xd
MapleStory dev Nexon fined $8.9 million by Korean regulator for misleading players The Korea Fair Trade Commission claims Nexon altered the odds of purchasable item drops without informing players https://t.co/ngzfI9KxtT https://t.co/DP3vvdf5KT
Nexon fined $8.9m for misleading MapleStory players Nexon has been fined ₩11.6 million ($8.9 million) by the Korea Fair Trade Commission for allegedly omitting to inform customers about probability changes to in-game items in MapleStory https://t.co/XZi1Y62sUB https://t.co/h5oqzZsaeu
Nexon fined nearly $9M for falsifying loot box drop rates. https://t.co/qou0FPgB8m