It probably can’t be stopped either at this point.
Assuming it was illegal, they could arrest the developers because they are earning money on it, but arresting them and taking the website down won’t stop people from using it as it’s smart contract based on a blockchain. The website is just the front end, the blockchain/smart contract is the backend.
So now you gotta go after the individuals using it, who could annonymize their funds through something like Tornado Cash, making it pretty hard to stop.
It probably can’t be stopped either at this point.
Assuming it was illegal, they could arrest the developers because they are earning money on it, but arresting them and taking the website down won’t stop people from using it as it’s smart contract based on a blockchain. The website is just the front end, the blockchain/smart contract is the backend.
So now you gotta go after the individuals using it, who could annonymize their funds through something like Tornado Cash, making it pretty hard to stop.