things wrote Patch status: NOT PATCHED AS OF 12/19/11

First off. Here is how to do the glitch (All credit and info by UnfoundLegend's Sticky)

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1.) Make sure you have 1 prestige token available (ONLY 1)

2.) Have a friend invite you in the Xbox Live Lobby

3.) Go to Barracks > Prestige Shop > Unlock Gear > Perk 1 > Blind Eye and click it ONCE

4.) You should be over the "No"

5.) Have your friend search for any match and then back out as soon as you are both searching

6.) Now you should still have that pop-up but not be able to navigate UP and DOWN

7.) Go to Barracks > Prestige Shop > Double XP and click Yes

8.) Now you should have another pop-up, make sure you click YES to that too

9.) Look at your prestige tokens - it should now be at - 1

10.) Now you may buy everything from the prestige shop that's available to you

NOTE: You do not have to keep doing the glitch. You may just keep buying anything/everything over and over and you'll notice your prestige tokens going down.

Info on the Glitch:

So I basically made up a lie to a Activision live chat assistant saying how I accidentally did the prestige token glitch and I found out a lot of good information.

1. There is no possible way to prevent yourself from getting banned besides not doing the glitch. You cannot get your self on a ban-proof list. All people saying you can get on a ban-proof list are liars. Here is proof.
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2. They only way to get banned is if you are exploiting this glitch like crazy. This basically means that as long as you're not doing this a lot and you're not telling other people about this, you will not get banned. All people who did it on accident or did this glitch a few times have a small chance of getting banned.
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3. If IW is unable to determine whether you did this on accident or on purpose, they will do a MW3 background check on you. If you have boosted, modded, and glitched in the past with thus game, that will give IW even more proof that you purposely did this.
(pictures below provided by Woobie)
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-Emma_Stone wrote i have -25 tokens. will i get banned? or small chance

BradxD wrote Dam i took it to far -1337 tokens goodbye account.

things wrote

BradxD wrote Dam i took it to far -1337 tokens goodbye account.

Lets hope that IW will be kind and let this slide.