Overview

• The FTC filed the complaint in Maryland federal court on Monday, naming Key Investment Group, affiliates Epic Seats, TotalTickets.com and Totally Tix, and executives Yair Rozmaryn, Elan Rozmaryn and Taylor Kurth, and seeking civil penalties.
• Regulators allege the operation used thousands of fake or purchased Ticketmaster accounts, proxy or spoofed IP addresses, SIM banks and virtual and traditional card numbers to bypass purchase caps.
• The complaint says the defendants bought at least 379,776 tickets from Nov. 1, 2022 to Dec. 30, 2023 for about $57 million and resold portions for roughly $64 million.
• Examples include 49 accounts used to buy 273 tickets to a 2023 Taylor Swift Las Vegas show later sold for around $120,000, and 277 accounts used to obtain 1,530 seats to Bruce Springsteen’s MetLife date for about $21,000 in revenue.
• Key Investment Group denies wrongdoing, says it used human-driven, industry-standard tools rather than bots, and filed a July suit to block the probe as the FTC pursues a broader crackdown on secondary-market abuses.