Today around 12:00pm EDT, a post was uploaded to r/whenthe by u/concussionmaker_91 about how despite their multiple privacy measures, Reddit was still able to ping their location and show them an ad about a business in close proximity to their house. Then, in less than 2 hours after the post when live, their year old account was permanently banned. 
Redditors in the comment section used a website called SnooSnoop to see if this account has done anything malicious in the past that may be grounds for a ban only to find nothing. 
I don’t think this is a mere coincidence and some comments I read on the post may be there to dismiss the situation.
I’m currently working on archiving the post and comments in case Reddit decides to try and erase this entire situation from the web, I’ll attach the files when I do.
Why are you in the privacy community?
I care. Reddit, and other major sites, should not be doing what is shown. That scares me. I care deeply
They can do whatever they want as long as it brings more profit to shareholders.
Why is this not obvious to y’all by now?
You don’t have to use reddit. You definitely don’t have to have an account there
The Friedman Doctrine (shareholder value is the only thing that counts) is the most harmful idea in capitalism.
I get that Reddit has to make money, but it’s still possible to show ads without infringing on your users’ privacy.
I think this is clear to most visitors here. I doesn’t hurt to relay stories, although this one appears to be untrue, someone posted links above pointing to the user account that’s not, in fact, banned.