Five gets you ten that Reddit will purge the moderators, get lackeys into the mod positions, do a content prune to get rid of NSFW-ish posts and comments, then try to bring it back as "business as usual".
Reddit has already demonstrated that they have no problem breaking their own rules.
r/interestingasfuck is still unmoderated and it doesn’t look like that’s gonna change any time soon. I doubt they have anyone to take over that many subs
They archived interestingasfuck, so there are no new submissions. But based on the later posts, it looked like they might have left it an unmoderated free for all for a bit.
It's pretty clear that the dont believe anything they say. The breaking point for me was when spez started talking about voting on moderators, a change that is absolutely impossible to practically achieve if you think about it for even a minute. They are just saying and doing whatever they want because they plan on selling the scorched earth anyway.
Thing is, finding great moderators (free dedicated and skilled labor) is not easy. Many people will take on the opportunity but many of them will give up in 7 days. It’s a chore, and a thankless one.