Counterexample: Kiwi Farms, which transitioned to a distributed hosting setup across a variety of providers after the recent Kerfuffals. But that was more to avoid a single point of failure than to mitigate latency concerns.
And yes, efforts are ongoing to identify and punish the hosting providers involved, their principals, and their principals' families.
I think we can all agree that what kiwi farms has to do is not what 99.999% of people will have to do. Due to their current high world profile they have many of the same needs as a corporation.
And yes, efforts are ongoing to identify and punish the hosting providers involved, their principals, and their principals' families.