Been seeing this come up a lot lately. In 2025 the talk is all about 'compliance' and major networks saying they'll drop you for life. But I still know guys running cloak-n-dagger ops on social, they just keep getting smarter. The math is getting insane though, like to cloak profitably now you need a full media buyer team and custom landers just to fool the algo bots. I've got more gray hair than 2010 me would believe just watching my own campaigns get whacked. In terms of risk, if you're talking CPA CPS stuff with physical products it's suicide. One dispute and your money's gone. But if someone is asking about digital... VPN analogy is kinda close but different levels. Using tech to mask traffic origin versus fraudulently telling an ad platform you're advertising family friendly sudoku when it's actually sportsbook? That's where the prison time rumors come from, and let me tell you they're not totally wrong in some jurisdictions. Personally i stay clean these days, too much at stake with my agency, and honestly tracking has caught up so much that cloaking ROAS rarely beats authentic angles anymore for long term scaling. The smart money left a couple years ago when the ad buyers started using AI pre-scan tools anyway. Would be cool to hear how others are even thinking about this now.