I strongly agree with your opinions as KYC is to control money laundering and fraud and the bounty hunters only collect small amount of btc or dollars when it converts to fiat or BTC money, so it must be for big investor not for bounty hunters.
That is right. Because the only purpose of KYC is for the users that are attempting to use fraud on their investment. But for those bounty hunters that are just earning some small coins should be excluded on this.