Standard inexperienced behavior here. Young guns keep pushing the envelope, stretching the rubber band. Sooner or later it snaps, and then everyone tosses their inexperienced hands up wondering what happened?

To all the folks who think that regulators would never come into our space, and that "conversations" with Gov't authorities will never amount to much, because in the end, the merchant DID sign on the dotted line, only need to go back to 1999 and the dot com bubble and 2007 and the real estate bubble...or 1585 and the tulip bubble or 1929, or.....