Dang has unflagged several posts and has explained "the algorithm" clearly throughout the week, so this seems a little unfair. Though I personally remain disappointed that there seems to be no concern that "the algorithm" is clearly being abused here to suppress coverage of, at best, one of the largest security breeches in American history or, at worst, a potential coup of the world's largest superpower. And that I've not seen arecognition that unflagging a post is like splinting a broken leg - still a broken leg. It robs a thread of several hours of natural growth and still biases the ranking, so the abusive flagger gets their way. I would guess their opinion is in the ballpark of "that's the way the cookie crumbles".
I don't think I've seen Dang say if they're revoking flagging privileges - I doubt it? And they seem pretty adamant on not making exceptions to the moderation system, so that's that... Though it seems reasonable to me there should be a temporary whitelist system they could use to make flagging require manual review if a post meets a condition, I'm also not an HN moderator with analytics and years of practice.
WRT many of the flags, there are admittedly a lot of duplicates. Heck, this thread is a duplicate, but I can hardly blame that when the flagging is as ridiculous as it is right now.
Also, @dang doesn't really work IIRC. Moderators tend to not want to be spammed easily.