All these mods are very self-entitled about their importance. Reddit is not 'their' platform. They are not employed. They do it because they want to, and if you don't want to, take your toys and go somewhere else.
And if you behave like a reckless idiot, reddit will take your modding abilities too, and replace you with someone else who doesn't care for this ban.. there are many willing volunteers ? Don't think so, try and see how invaluable/irreplaceable you are
You all seem to forget Reddit is a business with costs that are not insignificant. It's their platform, not yours.
And as for the 'we create content for them' - in generals that's the millions of internet contributors, who likely won't move away.
Just like the mass exodus of twitter did not happen (some advertisers left, but the general twitterati did not)
Reddit is not your platform, you are not entitled to anything. You use their servers, their resources and if you don't like it, move to another platform. Simple. You think 100s of millions of folks will move with you ? Let's see... most of them don't give a shit as long as they have an outlet for 'their voice'.
The only losers here are those few disgruntled people who have developed their own app and unprepared to pay for access (and doing things like filtering out ads etc - reddits money stream).
In short, accept it or move away... you have no rights, least of all self entitled one.