Why you need balls of steel to operate a Tor exit node

[Ted Smith]

There's a lot of FUD thrown around about how "you need balls of steel to
operate a Tor exit node", but I've ever only seen this one account. Are
there any other accounts, or better yet, any actual numbers as to what
percentage of tor node operators face significant legal harassment (not
misplaced DMCA notices or other similar things that only require a chat
with your ISP, but getting arrested / raided because of your node)?
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