It isn't an conspiracy theory because no conspiracy was alleged.
Something can be incorrect without being a conspiracy theory. Criticize the assertion about why activison bans cheaters all you like, but don't do it by calling it something it isn't just to smear the idea.
Something can be incorrect without being a conspiracy theory. Criticize the assertion about why activison bans cheaters all you like, but don't do it by calling it something it isn't just to smear the idea.