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The government is now monitoring online stores in games like Roblox and Fortnite for their 'buyer beware' approach

Business Insider

· 2m
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The Consumer Financial Protection Bureau (CFPB) has highlighted the increasing value of in-game currencies like V-Bucks and the lack of consumer protections in the gaming industry. While financial services traditionally provide protections for customers, gaming services often prioritize a "buyer beware" approach. The report emphasizes the financial risks faced by unsuspecting parents as their children make purchases on games like Fortnite and Roblox. The rise in gaming asset values has also led to an increase in hacking attempts, account theft, and scams. The CFPB calls for greater consumer protections in the gaming industry.

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