If a site linking to mine gets caught selling links, what happens to my site?

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Published on April 2, 2013 5:14:22 PM ● Video Link: https://www.youtube.com/watch?v=tGQRMkiIA2U

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If some site that is linking to my site gets penalized for purchasing links, will my site get affected by that penalty?
Sergey L, NYC

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