Bounty points are pretty much like allignment points. You gain them if you commit any sort of crime on any planet you are on, work any job for the exchange, or have something someone else powerful enough wants. You will gain one point per act you committ. The easy way to tell how much the bounty on you is is multiply it by 1000. For example, someone with a bounty point of 4 has a 4000 bounty on their heads. Collecting bounties are normal, but all bounties mostly are live capture which makes it kinda hard. Bounties after all are not hits.

You will only gain hit points if you commit any act against the exchange. If you do, you earn a point and the system works just like bounties, only death is also an option for going after hits. Think of it like bounties except that there isn't live capture, mostly there are captures where just the body will do.