No, it doesn't. Not long time ago a microblogginf platform run by a billionaire introduced an easy way to "virtually undress" real kids.
Outrage ensued, owner showed the middle finger to everyone, moved the undressing part behind a paywall.
Site is still supported by payment processors, still hosts accounts of all the major preas/government/NGO organisations.
There are some token actions from some governments but absolutely nothing that would happen of it was someone poorer running this site -- for example 4chan fights CSAM (as I understand), yet British Ofcom tries to issue a fine against them.
With Twitter generating CSAM though? Ofcom still have their account there.
Poor 4chan
Well it’s different when someone is powerful enough that an entity trying to level a fine or shut down those systems will likely be shut down themselves