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Reddit appears to be blocking VPNs (unverified)
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That's when they were in the "growing" phase, they used every tactic in the book, or even slightly off the book, to increase their numbers.
Now they're in a "distilling" phase, where they can get rid of the unwanted 1% to end up with a 99% pure zombie base whose ad consumption won't get interrupted by some undesirable critical thinking.
After they enroll enough ad purchasers or "content creators", they'll go into a "squeezing" phase, possibly after the IPO, where they will tighten the monetization mechanics in search of a balance between maximizing ad revenue and alienating advertisers... until they overtightened it, and go bust... only for another zombie-targetting platform to take their place.
Wash, rinse, repeat! The online golden days are far behind us.