There aren't mod tools yet. They are working on it. The only option is defederation which is kinda overkill and dramafilled right now. More mod tools will come because it is open source after all
You make a good point. Do you have any ideas about what specifically should be added? I'm way out of the loop regarding what's missing and what mods need.
Each instance is hosted by some random person, maybe a few if it's a big instance. They don't have the time or money to worry about being sued by large corporations over copyright or other things.
If you want to access anything and everything in the lemmy network, host your own instance and just don't defederate are anything. That is the whole point of lemmy.