/r/conspiracy is a mere, highly shilled and censored, shell of its former self. It is allowed to continue to exist for the same reason that QAnon was created by the globalists: To use controlled opposition to manipulate the globalists' opponents. For anybody who is trying to become redpilled, they will never discover the ((root cause)) of the organized subversion of of their countries.
In the interest of promoting truth, perhaps it would be performing a public service to pull the plug on /r/conspiracy. When MediaMatters colluded with reddit's admins to manufacture the banning of /r/T_D, their strategy was simple: Create fake posts that violate reddits ToS and call for a ban. This would not be difficult to duplicate. Obviously, we wouldn't have the cooperation of the admins that MediaMatters did, but it is still feasible.
I'm guessing /r/conspiracy is pretty useful as a source of disinformation and gaslighting.
Muh flat earth!!