No this all seems too clever by half and is just putting more eyes on Reddit. People are drawn to drama. If mods were serious, they’d delete or pull all of their custom plug ins and delete their accounts. Let Reddit have the subs. Unfortunately a huge number of mods won’t actually endanger their positions, which means Reddit corporate has the ultimate leverage in the end. Just go. I respect the mods who have left. If more of them did it would leave a true void.
Image being Reddit corporate and waking up tomorrow and 5000 subreddits were open but all the mods and their mods tools were gone. No big dramatic pranks or drama from the mods, just a classy exit.