If you're going to compare it to corporations like Meta who spend billions per year on platform moderation then yes, it's absolutely unmoderated. Even compared to the shitty volunteer moderation of Reddit, which at least has mod tools. If Lemmy was big enough to be noticed by the media it'd be right up there on that list of misinformation spreaders, because that's just what social media is.

I like Lemmy better than those platforms, I'm here after all, but saying get off those other platforms from a platform that has the same problems is the pot calling the kettle black