Federal regulators are suing a ticket broker accused in a multimillion-dollar scheme to resell thousands of tickets to live events, including Taylor Swift's record-setting "The Eras Tour," by bypassing Ticketmaster security measures.

The Federal Trade Commission (FTC) filed its suit against Key Investment Group LLC and its affiliates Monday, alleging that the Maryland-based ticket reseller used clandestine measures — including purchasing sham accounts and masking IP........

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