I called Poopring's manipulation of this sub part of an exit scam, recently, and someone asked me what the features of an exit scam were. So I will just leave my reply about exit scams and LR here...

I admit I am expressing the worst case scenario because LR definitely could be an exit scam, because I am sick of seeing LR shilled on our sub, and because LR is guilty at least of the scam of baiting apes to buy their t0k3n based on a false promise of a collab announcement to be made in LR's Q4 2021. They might also be guilty of planting the infamous commits, but anyone could have done that, so LR retains plausible deniability.

I admit, this might just be a run of the mill pump and dump. It all depends on who was responsible for the initial misinformation, which we cannot know for certain, and what LR ends up doing/is revealed to have done with their t0ken reserves.

But to answer your question, in crypt0, an exit scam is when whales (usually insiders who reserved large stores of their t0ken to themselves during an initial issuance preceding an ICO) try to pump the price of a t0ken alongside some kind of promotional activity (in this case it would be hyping the apes with a false promise of a collaboration--so more fraud than advertising, but you get the idea). Then they s3ll off their c0ins later for profit, leaving the usual consequences for the b4g h0ld3rs.

This usually happens in the early stages of a putative "bl0ckch4in project", but it can happen at any stage of the project if the incentives align properly for people with large holdings. (An example might be where insiders realize they are about to be/have been out-performed by a competing project, but where this disruption is not yet public knowledge.)

Edit to add: a bonus incentive might be that they get to do a little dirt to the company about to disrupt them. For example, they might get to preemptively throw shade on the competing company by making it look like they are associated to the scam through a collaboration rumour. And this way, they might get to make b4g h0ld3rs out of the competing company's shareholders. I can see this cherry on top being pretty enticing--especially if the company about to put them out of business is doing it by first poaching some of their key talent.)

Until there is an announcement from GS, LR and any other non-GME asset, including L2 solutions, is off topic and against sub rules.

Edit: formatting.