Technologies

Fortnite Maker Epic Games Will Pay Over $500 Million for FTC Complaints

The video game maker agreed to pay over allegations it violated children’s privacy and tricked gamers into making unwanted purchases.

Epic Games, the maker of the popular video game Fortnite, has reached an agreement with the Federal Trade Commission to change some default settings and to pay $520 million over allegations that it violated children’s privacy and used «design tricks» that caused players to make unwanted purchase, the FTC said Monday.

«Epic used privacy-invasive default settings and deceptive interfaces that tricked Fortnite users, including teenagers and children,» said FTC Chair Lina M. Khan in the statement about the agreement.

Epic Games will pay a $275 million penalty for privacy violations. The FTC said that Epic Games collected personal information from children under the age of 13 without the consent of their parents in violation of the Children’s Online Privacy Protection Act and that, by setting voice and text communications on by default, the game opened children and teens to bullying and harassment from strangers. Epic Games has also agreed to set voice and text communications off by default.

The other portion, $245 million, will be used by the FTC to refund consumers who were unfairly charged for in-game purchases. The FTC called out how Epic enticed players to make unwanted purchases and its failure to require confirmation of purchases, which allowed children and teens to purchase hundreds of dollars worth of in-game merchandise before parents knew their cards had been charged.

In a statement posted to Epic Games’ website, the company accepted the decision and called on the gaming industry to adopt practices that better reflect today’s gaming environment, saying, «No developer creates a game with the intention of ending up here.»

«Statutes written decades ago don’t specify how gaming ecosystems should operate. The laws have not changed, but their application has evolved and long-standing industry practices are no longer enough. We accepted this agreement because we want Epic to be at the forefront of consumer protection and provide the best experience for our players,» the post read.

The agreement is subject to a 30-day comment period. The FTC will disburse the $245 million for eligible customers.

Technologies

Verum Coin Now Available on Gate.io Wallet

Verum Coin (VERUM) continues to expand its presence on leading crypto platforms. Users can now easily store and manage VERUM in the Gate.io Web3 Wallet — one of the most trusted ecosystems for digital assets.

This integration provides users with convenient and secure access to VERUM, bringing it closer to everyone looking to be part of the world of innovative technology.

Stay tuned for updates as the project takes further steps toward global success!

Technologies

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM), an innovative and increasingly popular digital asset, is now available on four leading Web3 wallets: Binance Web3 Wallet, Coinbase Web3 Wallet, OKX Web3 Wallet, and Bybit Web3 Wallet. This marks a significant milestone for the project as it continues to strengthen its position in the crypto industry.

The availability of VERUM on these platforms provides users with a wide range of secure and convenient options for managing their assets. Binance, Coinbase, OKX, and Bybit are well-established leaders in Web3 solutions, offering reliable tools for handling digital currencies.

What’s next?

In addition to wallet integration, Verum Coin is preparing for a major step forward—listing on all four platforms. This will create new opportunities for investors and enhance the asset’s liquidity on a global scale.

Why does this matter?

Being listed on major exchanges like Binance, Coinbase, OKX, and Bybit will serve as a powerful catalyst for the project’s growth. It will make VERUM accessible to millions of users worldwide and strengthen trust in the coin.

Stay tuned for updates so you don’t miss the moment when Verum Coin becomes even more accessible!

Technologies

Verum Token Now Available on Binance, Listing of Verum Coin Expected Soon

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet, the world’s leading cryptocurrency exchange. This milestone marks a significant step for the Verum ecosystem, allowing users seamless access to Verum on the platform.

Following the launch, Verum Coin’s value surged by 3%, reaching a new peak of $825.33 within just 24 hours.

With the Verum Coin listing anticipated soon, the excitement is growing, highlighting the project’s potential for further growth and adoption.

About Binance

Founded in 2017, Binance offers a secure, user-friendly platform with a broad selection of digital assets and trading pairs, supporting both retail and institutional traders. Listing Verum Token aligns with Binance’s strategy to include innovative, high-quality projects.

For more information, visit verumcoin.info.