Well.. if you don't have much to loose (you don't have a job, don't have kids, don't have a wife, is underage, live in a country of third world, etc) you are okay to continue. But if you plan to have a real life (with a fix job, get a superior degree, wanna have a family, etc) I would say STOP, you aren't safe and is risking your life plans.
As some of you guys know, I went arrested by FBI in October last year due to piracy and money laundering (and yeah I live in Brazil), but I was released after paid the bail. And note that I was already out of warez for 8 months or so when it happened.
But keep in mind that my case was a really unique exception, they almost never act like that, I stayed in jail for 6 days while my lawyers were trying to free me and I was only released because I've collabored with them, took down all my 25 servers including all my downloading sites, gave them my private bots (they were quitte complex, spent over $50.000 to develop them, guess they are using it now to takedown copyrighted material and trace people), paid a bail of $100.000 and then signed a term of compromise to don't do nothing illegal in internet again (with a penalty of 10 years in prison if I get caught doing something and more $25.000 for each day of illegal activity)
I was making over $10.000/mo with my downloading sites. Now I'm out all of this illegal shit and I'm running a legal porn site in Brazil making our own videos (and officially distributing Bangbros and Brazzers in Brazil) with a company legally registered and etc, making much more in 1 month than I used to make in 6 months of warez.
The lesson? I'm more mature now and I know how much warez harms content creators.