What happened:
/r/IAMA went private and this was reddit admins "kn0thing" response yesterday: https://archive.is/Sak3J
In surprise to no one with actual functioning brain this didn't go well with reddit mods. Lots of other subreddits have gone private as well with the latests and biggest being /r/funny.
Today kn0thing gave a new response filled with corporate talk without actually doing anything:
There's still no official word why Victoria was fired, but these are the two leading speculations:
1. She was against commercializing AMAs.
2. Moderator sacked the day after a disastrous Jesse Jackson AMA.
KiA megathread about the issue.