My guess is it will boil down to whether the crowdfund campaign is subject to the same rules as conventional sales and advertising.
Their problem there is they didn't use any of the usual crowdfunding platforms, they did their own thing where they really took "pre-orders", not "investments" - so it will likely be considered as "pre-order sales" and not "crowdfunding"...
I would think most anyone on here could design an RC coptor with a camera for 34 million.
The whole point for this one was not to be "RC" but fully autonomous with barely any user interaction required, or even possible. Even the biggest players aren't quite to that level yet.
My guess is that they folded simply because they were way too optimistic at the start. If they delivered something now, already more than a year late it would be nothing like what they advertised either in design or capabilities, everybody would go batshit crazy about them, so they really had no choice.