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The conspiracy subreddit is full of anti-LGBTQ rhetoric, despite Reddit rules prohibiting such content
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TD is an interesting case. If we focus solely on Reddit Inc.'s best interests (i.e. disregard moral matters), you got two factions: the "leave TD ⟨A⟩lone" and "⟨B⟩an TD". ⟨B⟩ was protesting through lockdowns, and the admins had multiple choices on what to do:
In all those cases, Reddit would be pissing off one of the factions, but the other would trust the platform a tiny bit more. 1 and 4 would start a big mass exodus of ⟨B⟩ and ⟨A⟩ respectively; 2 would get a smaller ⟨B⟩ exodus, at the expense of advertisement; 3 would get a smaller ⟨A⟩ exodus at the expense of the overall reputation of the site.
Instead the admins decided to quarantine TD and call it a day. It lowered the trust of both factions on the platform, ⟨A⟩ was still organising mass exodus (Communities dot Win, Ruqqus, etc.), and ⟨B⟩ stopped protesting but it was still pissed because the offending sub was still there. Long-term it was the worst thing for Reddit Inc. that the admins could do, and yet they did it.
Because Spez is one of them.
Most likely. However I expect him to behave more in Reddit Inc.'s interests than for the sake of the TD users. (If he was smart. He isn't.)