Actually, the guy who owns the site is already in prison:

"The portal, run from a base in Texas, was traced to US citizen Thomas Reedy who is serving 1,335 years in prison and whose wife is also serving 14 years for her involvement."

http://www.dotmusic.com/news/January2003/news27879.asp

According to PT's attorney, he was released today on bail with no charges being brought against him (that's a good sign).  In the UK, you can apparently be arrested without being formally charged with a crime at the time of arrest.