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Maybe, yes. It could be both, reward or initiation, but it is of rather symbolic meaning, not for blackmail. It means the jews own you, but they treat you like a good pet, with wealth above the common goyim like us.

Charlie Kirk was one of those, although not a pedo, he was owned by the jews and a staunch zionist. The moment he stopped championing israel fully and blindly out of suddenly developing a consciousness, and started to become renitent to their demands and their carrots, the stick came. The stick was public assassination, as a warning to all their slaves with golden shackles as to show what happens when they disobey. A nod to all politicians including Trump.

They can still destroy you in many ways outside of the blackmail system, assassination being one option. Usually they use the media to discredit you, so that you get questionable and hated first. Then they may suicide you, and nobody will seriously question it. Michael Jackson was an example of that - suddenly he became known a pedo (question mark), after he made a negative song about jews.

Other options are remove a person from the public, debanking, banning from platforms, discrediting, doxxing and sending leftist locusts. It also depends on the severity and urgency. If they can find something to ruin your reputation, you may have escaped death.

But usually the carrots are convincing enough and the stick is threatening enough so that the shabbos goyim they own stay loyal to them. But once they own you, they will end you if you become a liability to them.