The last major holdouts in the protest against Reddit’s API pricing relented, abandoning the so-called “John Oliver rules” which only allowed posts featuring the TV host. It's the official end of the battle. The Reddit protest is over, and Reddit won.
The Reddit Protest Is Finally Over. Reddit Won.::Reddit corporate claims victory over its disgruntled mods as r/aww, r/pics, and r/videos abandon the "John Oliver rule."
I was thinking it was like chat groups in IM apps the owner/creator of the group can delete the group, so only Reddit can delete the subreddit that I create!
Afaik only reddit can delete a sub and I believe even they probably only lock them and kick everyone out?
I speak from experience as I created a novel sub r/FuckYourBoat (or something like that) and got tired of being considered a mod in the toolbars (don't need them there) so I tried to get rid of it. No dice: Only leaving.