I just feel there's some sort of grift going on that's going to end up biting Chris in the ass somehow.
Realistically, they could have "Chris" as his Etsy shop and account pay Praetor LLC whatever, and pay taxes on that through the LLC, leaving somehow to pick up the rest or something.
I just don't trust anyone with Chris, making money, and going out of their way to see that Chris has dotted all the i's and crossed all the t's. Maybe they did and they're just not telling Chris exactly how much money is actually being made.
@Blue Miaplacidus speculated that they could be giving Chris cash, but he could also deposit that in his bank account which will start raising flags, or else Chris is wandering around loaded with a bunch of cash.