The Federal Trade Commission just fined brain-game maker Lumos Labs for falsely claiming that its games can help people ward off the effects of aging and make them smarter.

The company accrued $67.5 million worth of investor funding, according to Crunchbase, after plenty of media coverage touting its memory-enhancing program. Then a 2014 article from the New York Times put a real damper on the hype, citing studies that cast doubt on whether brain games could really improve cognition.

Read more at .Mic


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