https://twitter.com/aaronp613/status/1671298446974656514
To me it doesn't seem like they actually violated any Reddit policy or code of conduct, particularly because the NSFW content was properly labeled.
https://www.redditinc.com/policies/moderator-code-of-conduct
https://www.redditinc.com/policies/content-policy
The same admin account was also caught quietly flipping the NSFW subs back to SFW status. So this is clearly just about getting back that monetization.
https://www.reddit.com/r/ModCoord/comments/14ebl7k/umodcodeo...