Wrong. Only admins, not moderators, can edit content. I should know, I'm moderating /r/crypto in Reddit. You can confirm it too by simply creating your own subr

Wrong. Only admins, not moderators, can edit content. I should know, I'm moderating /r/crypto in Reddit. You can confirm it too by simply creating your own subreddit and look at what moderator tools you have available - removal and adding flairs is really all you can do.