Not at all. I had a huge problem with file sharers a while back and the biggest culprits were Russians using stolen credit card details. I analysed our members and at the time we didn't have a single legit Russian member.
Since I took this action I've seen a lot of fraudulent credit card signups with US credentials get refused access when they try and login. Subsequently I've also significantly reduced our DMCA output.
Its a no brainer to me, but this action may not be appropriate for everyone!
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