People here seem to be thinking this a UK/Europe-specific phenomenon, but there's plenty of examples of the US "seizing" sites that were never hosted in the USA either, and even put pressure on countries to extradite people involved even if they never broke any laws in the country they're living in. One I remember was a site hosting streams of the 2022 football world cup. Or a number of Iranian-affiliated news sites…
We were too small and bent, also US customers were 30% of the total which made it a non choice.