Earlier quoted context omitted.
But then, it there is no incentive to police the platform, there should be sexual content in ads, and yet, I don't even remember seeing ads for vibrators or other "soft" adult stuff. I don't remember seeing ads for weapons either. There are scams, but not many obvious counterfeits. To be fair, I block ads, so I don't see many, but the few times I don't have them blocked, they are usually the kind you see on TV: big b…
There are ads for sports betting though, which is absolutely "adult", it's just less likely to trigger culture-war arguments.
And they don't seem to do it to comply with some laws, or making it more kid friendly since, as you said, sports betting gets a pass, even if it is absolutely "adult" and maybe even illegal in some countries. Obviously, scams are illegal too.
It just mean they think scams don't give them enough of a bad reputation to police against, which is weird do me, one would think that reputable brands wouldn't want to appear next to scammers.