I was being factitious.
The information is on there site. If you can parse through the BS and extrapolate
They just never plainly call #Lbtc a #altcoin.
They use terms like "peg in/out" instead of "exchange" to deliberately deceive people.
Lbtc is not Bitcoin. It is a shitcoin pegged to the price of Bitcoin. And no one has sufficiently explained otherwise.