While watching a stream is rarely prosecuted for end-users, downloading copyrighted material via peer-to-peer (or even streams cached locally) is a legal gray area. In countries like Germany, the US, and the UK, ISPs often log visits to pirate sites like MyFlixer. You risk receiving a warning letter or, in extreme cases, a fine.
While the video stream itself might not contain a virus, clicking on redirects or downloading "offline players" can expose your device to trackers and malware. Legal Status:
: Fake "Update Required" or "Flash Player" prompts are common ways these sites attempt to install malware.