Reddit cited its Moderator Code of Conduct and said that it has a duty to keep communities "relied upon by thousands or even millions of users" operational

If a moderator team unanimously decides to stop moderating, we will invite new, active moderators to keep these spaces open and accessible to users. If there is no consensus, but at least one mod wants to keep the community going, we will respect their decisions and remove those who no longer want to moderate from the mod team.

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