FTC Takes Action Against Ticket Resellers Over Taylor Swift and Springsteen Ticket Scandals
A group used fake accounts and illicit software to buy and resell over 321,000 tickets for major concerts, including Taylor Swift and Bruce Springsteen, making around $5.7 million in profits. The FTC has accused the operation of bypassing Ticketmaster's security measures, using multiple accounts and repurposed credit cards, and reselling tickets at inflated prices. This comes amid ongoing scrutiny of Ticketmaster's practices and efforts to curb ticket reselling abuse.