I think the title speaks for itself.
EDIT: UPDATE: So apparently the former r/jailbait mod that is The CEO purged the sub’s mods and forced the sub to re-reopen under the old rules.
Mission failed! We’ll get them next time!
EDIT2: aaaaaaand the sub’s archived and no longer accepts new submissions. The garbage fire keeps going…
The worst thing for Reddit is that they don’t advertise against NSFW content. This has major revenue implications for Reddit.