Rebates are actually not a big deal. Let me share a random example I made up: a small exchange got shut down before, and they accessed the backend data to call in the top-ranked recruiters who brought in users with money, refunded them, and that was it. Since the main entity is still the exchange team, these rebate recipients just get slapped and leave. That's why I say the risk with meme leaders is even higher—you can't find the main entity, so you can only go after those promoter KOLs.