I am not an expert on morality and ethics, unless by virtue of experience gained from living through the consequences and self-guilt from the immoral an unethical choices I've made myself in the past half-century.
...which is a way of saying, I'm sure you're right that there are several other choices Reddit can make, some of which it may be making behind closed doors...
So, you'd like Reddit to suffer from self-guilt as well? ;)
I think that they can champion free speech at the same time recognizing that free speech and notoriety have consequences. Doxxing is a problem, but a lack of accountability is also an issue. If Reddit wants to consider itself akin to a nation state (which its CEO has asserted), the question of accountability is a very real and very material one.
That I think is the real crux of the issue, not whether or not they stand behind Michael Brutsch's odious behavior (to be more specific. They can stand behind him or not, that's not the important problem. Brutsch is just one man. What about all of the other future Brutsches?).
...which is a way of saying, I'm sure you're right that there are several other choices Reddit can make, some of which it may be making behind closed doors...