So /r/pizzagate was a subreddit convinced they'd found evidence of a pedophile ring in the government and more specifically implicating Hilary Clinton. They were recently shut down because they kept publishing people's information (which is against reddit ToS _even if said info is publicly available_). This prompted them to assume reddit admins were part of said ring. I assume /u/spez has been receiving accusations since.
And there was some evidence. Like people hanging out with convicted pedos, quickly removing symbolics from their sites, emails in Podesta's inbox, and more.
You're getting downvoted because people don't like it, but you're right. People who don't like it don't read about it, and that gives rise to denial and lack of knowledge, like "in the bathrooms of a NY Pizzeria."
If you think it's entirely implausible that there could be organized pedophilia operating out of DC, you're not being honest with yourself. Look at what happened in Norway 4 days ago.
I'm not interested in discussing politics on HN--and I'm not referring solely to this theory--but I am concerned when people are not intellectually curious enough to consider even hear an argument.