I've made more money as an author than you've made in whatever job it is you work at.
I'm just relating a personal experience that happened to me when I started out, and what I did to solve it (switched genres to one where people are willing to pay).

It's a better thought out rebuttal than your original comment.
I'm quoting the law. You're just making shit up.

Well the law certain disagrees with you.
And if someone takes you to court, you will lose.

Edge cases do not prove your point.

No, so I, a best selling 6 figure a year author says. I've been doing this for over a decade.
Horror stories always exist because there are people who break the rules, people who are trying to scam the system, or people who didn't listen to the warnings.

Because you will make a lot more money being in KU. That's why authors do it.

No, as a general statement this is true.
I've had tens of thousands of my books stolen.
Over the last ten years only TWO people have sent me money for them.

You really don't get it, do you?

Wrong. It's theft.

What kills the sales on those books is the piracy.
Do you have any idea what it's like to have a pirate site promoting your book as 'The Best Book of the Month! Get it here for FREE!' and then you see that thousands have downloaded your book - FOR FREE - while only a dozen paid for it on Amazon?

Have you ever had people who STOLE YOUR FUCKING BOOK sending you emails and bitch at you for not writing the sequel because you didn't even make back the money you paid your cover artist?

Pirates are scum. People who steal books are scum. People who think that authors don't deserve to be paid for their hard work are scum. I stopped writing a series that was making me money because the piracy got so bad I was losing money on it. And those fuckers had the GALL to COMPLAIN to me because I stopped writing it.

Be careful of just who you're calling 'Karen' there.

No, in the UK Amazon is still the only alternative.

You don't know a damn thing about the business - Obviously.
ALMOST NO ONE GOES TO THOSE SITES!!!
Amazon controls over 95 percent of the ebook market. You can NOT make any money on those other sites.

Yeah, this happens. It happens a lot. But I bet most of the people replying to this thread go to pirate sites and download pirated works. You all think it's a 'victimless' crime, but no - it fucks over the author every time you do it and can, as we seen in these cases, destroy them completely.
Stop blaming Amazon - they're not the ones responsible for this.
Blame the pirates.
Blame the companies that support the pirates! (I won't mention who they are, but if you know anything about hacking and pirates you know EXACTLY which American company I'm talking about).

I also find it to be rather ironic, that TORRENTFREAK a website BY AND FOR PIRATES, a website that SUPPORTS PIRATES, is complaining about this. They should be cheering. IT's what they stand for after all.

Most people don't put a password on their phone.
And no, it's not really 2-factor. If you have someones phone (of if you've cloned it) you have the keys to the kingdom.
2-factor exists solely to make it EASY to hack people's accounts. It is less secure, not more.

They're NOT doing it to shut down spammers. That's a MYTH. Most spammers use gmail.
They're doing it to shut down YOUR MAIL SERVER.
I've got my own mail server, I've had it longer than google exists. Google (and the other email companies) doesn't want me (or you) to have a mail server, so they put in methods that I can NOT get access to, so I can't use it.

SPAM is the excuse, but it is NOT the reason

This is what happens when a school cares more about money than about education.