Comment by AngryData

Im not shocked at all. Not only do I think they were knowingly letting this kind of thing happen for years, I think they were actively participating in such sketchy practices for profit. Which easily explains how reddit could "lose" money for years and years but continuously be given more and more funding and increasingly hosting more and more content on their own servers. If they were actually losing money, they wouldn't have started hosting images and then later videos on their own servers while pushing people away from 3rd party hosts.