Didn't say blackmail the fediverse. I'm saying blackmail the company trying to spread CSAM.
And again, you don't derail a movement. You try to own it if you really care.
But even then, it's not worth it. XMPP has been "competing" for far longer and likely had more success up front than Lemmy or Kbin.
You're severely overestimating the potential here. And you're severely overestimating how much a company would want to destroy it instead of exploiting any other success. There's money to be lost in paying to derail it. There's money to be made in exploiting it.