https://arstechnica.com/gadgets/2023/06/reddit-mods-allowed-porn-as-protest-the-company-nuked-their-mod-badges/

After threatening to do so last week, Reddit has now removed the moderators of some of the subreddits that were protesting Reddit's new API pricing scheme. Some of these subreddits have new mods in the protesters' place, while other affected subreddits have been left unmoderated. Still others, oddly, saw their moderators reinstated.

Reddit claims the moves are a response to mods breaking its Moderator Code of Conduct by allowing "not safe for work" (NSFW) content in previously "safe for work" subreddits. However, moderators who spoke to Ars Technica believe Reddit's actions are designed to silence their protests over the new fees.