The staff have made their position
clear regarding player made channels such as "world", "world2", and "global".
They won't moderate it, however that doesn't mean you can't be muted or banned for breaking ToS (such as spamming nigger, cunt, faggot, and other nice swear words).
As has been iterated by the staff in regards to complaints with the world chat situation:
* Ignore the player bothering you
* Use LFG instead
* Leave the channel
Simple solution to a simple problem. That being said, the community can continue to demand for private channel moderation but it will continue to fall on deaf ears.
Might also be worth noting that world chat moderation and owner can be handed over / given to other players and all bans in place reset whenever the server crashes. This is how world chat owner or moderation privileges are shifted to others after resets. Ownership of the world channel will also change when the player who currently owns the channel logs off.