This is exactly what zero regulation is, if everything is defined by contract between to none equals parties. If someone is desperate enough, will sign whatever. Or contracts will be written by lawyers in such way, that without lawyer you won't see the tricks...
I can see usa guys here defending this crap, but I don't understand why you are even here. There is land of the free, why not stay there and live this dream, without worries how it will turn out? Or maybe it didn't turn out too good there for you?