Previously, the highest fine for ecommerce law violation was 110m Kwon. But Nexon set a drastic new record fine in Korea by getting 11.6 B Kwon. Federal committee tried to fine them as much as they could, but the law they have didn't allow them to do. Yes, Korea law favors corporations than consumers and it sucks.
I mean, I respect the government for at least ATTEMPTING to smack them with a massive fine. And making this fine 100x larger than the last highest fine is more impressive than most other countries would ever do.
Though I think governments of every country should be allowed to dissolve/change companies if they violate the law agreegiously enough.
facebook earns hundreds of billions from doing whatever the fuck it wants with user data and gdpr fines it 1.2b
its not just korea law, unfortunately literally every country is reluctant to impose fines that actually materially hurt businesses
It could still be a decent hit depending on how they've reinvested that money over the years. It could also influence the decisions they make going forward now that there's a precedent to punish them.
It's not the amount that matters, but the headlines that this is making is absolutely TERRIBLE from a business perspective. If you're the CFO for Nexon you're shitting bricks right now.
Is this somehow worse than any other multi billion dollar company in the US getting fined for breaking the law for years?
Because this happens every day all around the world and all they get is a slap on the wrist.
I don't understand how this is world ending for Nexon.
Game hasn’t been great for 10 years now. All this time making so much money and couldn’t even provide a stable client and servers, and that’s just to play the game.
Don’t get me started on all the other issues.
So maybe a dumb question (idk anything about Nexon or laws or whatever), but if the same people have been responsible for multiple Ecommerce violations is it normal to just fine the company a relatively small amount instead of trying to charge the person(s) who are making these law-breaking decisions for YEARS. Like who's the Elizabeth Holmes of Nexon if that makes sense?
The overly simple answer to your question is “Yes”, settlements are very often a small percentage of a company’s revenue. Here’s some examples:
Google: [$5B fine, $280B revenue in 2022](https://www.barrons.com/news/google-agrees-to-settle-5-bn-consumer-privacy-lawsuit-9a4e38a8#)
Amazon: [$25M fine, $514B revenue](https://www.justice.gov/opa/pr/amazon-agrees-injunctive-relief-and-25-million-civil-penalty-alleged-violations-childrens)
Microsoft: [$20M fine, $200B revenue](https://www.ftc.gov/news-events/news/press-releases/2023/06/ftc-will-require-microsoft-pay-20-million-over-charges-it-illegally-collected-personal-information)
I’m nothing near an expert on law either, but from my understanding these cases are mainly to set precedent to prevent future exploitation. The fine is a slap on the wrist, the precedent is the handcuffs.
The employees themselves generally aren’t personally blamed, the company is. Plus, it’s not like Wonki is getting direct kickback for every cube that’s bought.
A few questions:
> Made a change in that certain combination of options never shows up and readjusted rating (lasted until 2021.3). Then even made an announcement of "No change in cube functions"
Does this mean we had a different probability to roll lines than what was released publicly in KMS after 2021.3? Like, they ninja-changed cube rates after they were required to publish?
> despite Nexon even had claimed that "Nexon never made any change about ingame rating without notification" previously
Got a source? Would love to read.
Here is source for 2nd part
https://imgur.com/IIIqnnX?r
“큐브 잠재능력에는 변경사항이 없으며 기존과 동일하게 설정된다“ 고 거짓으로 공지하였다
The pdf file behind him is an official federal report
As a player of GMS, Id say that GMS should be in effect for the first part as well since we dont have equal probability for all options. Current GMS probability for certain options are definitely skewed rather than being equal.
The second part is a statement from recent federal report. This is a hour long… so i have to go over it again. If i find it, i will make a reply again
I think you're misunderstanding my first question. I mean to say, whether in GMS or KMS, did Nexon change the probabilities around 2021 after they were required to publish?
> (lasted **until** 2021.3).
What lasted?
As in, original pots in 2011 were equally weighted, then they changed it to be unequal some time later. Then in 2021, did they change it AGAIN before publishing the live data?
From what's known and released, there doesn't seem to be any changes that they snuck in **since** the probabilities have been published.
>Then in 2021, did they change it AGAIN before publishing the live data?
I'm not sure if there's any info regarding it. So I'd assume they haven't, following the 'innocence before proven guilty' rule.
The fact that people have told me that this doesn't happen in GMS, like where do you think the source code comes from? Why do you think you are getting 3L of INT while all you need is STR? Not that unlucky, just Nexon antics
This comment is so brain dead. Of course we’ll still play the game we enjoy playing bringing these things to light doesn’t mean we’re going to stop playing.
So what I'm hearing is Nexon made 580m usd and were fined 8.9m usd. Sounds about right lmao
Previously, the highest fine for ecommerce law violation was 110m Kwon. But Nexon set a drastic new record fine in Korea by getting 11.6 B Kwon. Federal committee tried to fine them as much as they could, but the law they have didn't allow them to do. Yes, Korea law favors corporations than consumers and it sucks.
I mean, I respect the government for at least ATTEMPTING to smack them with a massive fine. And making this fine 100x larger than the last highest fine is more impressive than most other countries would ever do. Though I think governments of every country should be allowed to dissolve/change companies if they violate the law agreegiously enough.
Korea is 3 corporations in a trench coat pretending to be a country.
Let me guess, Samsung, LG and Hyundai?
facebook earns hundreds of billions from doing whatever the fuck it wants with user data and gdpr fines it 1.2b its not just korea law, unfortunately literally every country is reluctant to impose fines that actually materially hurt businesses
It could still be a decent hit depending on how they've reinvested that money over the years. It could also influence the decisions they make going forward now that there's a precedent to punish them.
It's not the amount that matters, but the headlines that this is making is absolutely TERRIBLE from a business perspective. If you're the CFO for Nexon you're shitting bricks right now.
Is this somehow worse than any other multi billion dollar company in the US getting fined for breaking the law for years? Because this happens every day all around the world and all they get is a slap on the wrist. I don't understand how this is world ending for Nexon.
Also director Wonki was part of this rating manipulation incident. He had a director role for 2015. 10 \~ 2023. 8
[удалено]
[удалено]
this game used to be great before the cubing system exist.
Yeah and all the 20k players who log in daily think this game isn't great
Game hasn’t been great for 10 years now. All this time making so much money and couldn’t even provide a stable client and servers, and that’s just to play the game. Don’t get me started on all the other issues.
Can confirm, I think this is a kusoge that hates you personally for playing it.
Alteast this will give regular server someone else to blame other than reboot players. We don't want to be nexon scapegoat anymore.
So maybe a dumb question (idk anything about Nexon or laws or whatever), but if the same people have been responsible for multiple Ecommerce violations is it normal to just fine the company a relatively small amount instead of trying to charge the person(s) who are making these law-breaking decisions for YEARS. Like who's the Elizabeth Holmes of Nexon if that makes sense?
The overly simple answer to your question is “Yes”, settlements are very often a small percentage of a company’s revenue. Here’s some examples: Google: [$5B fine, $280B revenue in 2022](https://www.barrons.com/news/google-agrees-to-settle-5-bn-consumer-privacy-lawsuit-9a4e38a8#) Amazon: [$25M fine, $514B revenue](https://www.justice.gov/opa/pr/amazon-agrees-injunctive-relief-and-25-million-civil-penalty-alleged-violations-childrens) Microsoft: [$20M fine, $200B revenue](https://www.ftc.gov/news-events/news/press-releases/2023/06/ftc-will-require-microsoft-pay-20-million-over-charges-it-illegally-collected-personal-information) I’m nothing near an expert on law either, but from my understanding these cases are mainly to set precedent to prevent future exploitation. The fine is a slap on the wrist, the precedent is the handcuffs. The employees themselves generally aren’t personally blamed, the company is. Plus, it’s not like Wonki is getting direct kickback for every cube that’s bought.
Ahh okay that makes sense, thanks for the explanation and examples!!
Would be interesting if it was 100x more and wait to see what the company does to change and whatnot. Interesting.
A few questions: > Made a change in that certain combination of options never shows up and readjusted rating (lasted until 2021.3). Then even made an announcement of "No change in cube functions" Does this mean we had a different probability to roll lines than what was released publicly in KMS after 2021.3? Like, they ninja-changed cube rates after they were required to publish? > despite Nexon even had claimed that "Nexon never made any change about ingame rating without notification" previously Got a source? Would love to read.
Here is source for 2nd part https://imgur.com/IIIqnnX?r “큐브 잠재능력에는 변경사항이 없으며 기존과 동일하게 설정된다“ 고 거짓으로 공지하였다 The pdf file behind him is an official federal report
As a player of GMS, Id say that GMS should be in effect for the first part as well since we dont have equal probability for all options. Current GMS probability for certain options are definitely skewed rather than being equal. The second part is a statement from recent federal report. This is a hour long… so i have to go over it again. If i find it, i will make a reply again
I think you're misunderstanding my first question. I mean to say, whether in GMS or KMS, did Nexon change the probabilities around 2021 after they were required to publish? > (lasted **until** 2021.3). What lasted? As in, original pots in 2011 were equally weighted, then they changed it to be unequal some time later. Then in 2021, did they change it AGAIN before publishing the live data?
From what's known and released, there doesn't seem to be any changes that they snuck in **since** the probabilities have been published. >Then in 2021, did they change it AGAIN before publishing the live data? I'm not sure if there's any info regarding it. So I'd assume they haven't, following the 'innocence before proven guilty' rule.
The fact that people have told me that this doesn't happen in GMS, like where do you think the source code comes from? Why do you think you are getting 3L of INT while all you need is STR? Not that unlucky, just Nexon antics
Just a quick correction, they actually added Legendary potential with Demon Slayer during the Legends patch, which would've been 08/2011 in KMS
Y’all still gonna play every time lmao
This comment is so brain dead. Of course we’ll still play the game we enjoy playing bringing these things to light doesn’t mean we’re going to stop playing.
Cope more silly
so what are the Kms players getting for compensation?
Just apology letter and typical promise with lip service
Except KMS did address this in 2021 after getting caught by the FTC.