I think the title speaks for itself.
EDIT: UPDATE: So apparently the former r/jailbait mod that is The CEO purged the sub’s mods and forced the sub to re-reopen under the old rules.
Mission failed! We’ll get them next time!
EDIT2: aaaaaaand the sub's archived and no longer accepts new submissions. The garbage fire keeps going…
They are clearly itching to ban NSFW content site wide (paid API doesn’t even include NSFW posts). This sort of thing might make a good excuse.
But at the same time, who is going to enforce that? The unpaid moderators you just fired? LOL
A lot of their users would leave.
It was why spez championed subs like /r/jailbait staying open until they got bad publicity in the mainstream press.