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Sponsors should be able to spot these accounts quickly, especially if they are only re-writing on clicks to the join page. Either way, it should be easy to spot and ban from a sponsor perspective.
The problem is that most sponsors don't give a shit about affiliates. Just look at what AFF has done with Zango and allowing their ads on password/file sharing sites/torrent sites. This is up to the sponsor to stand up and not allow these affiliates into their system.
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