Will they let people raise money to see if theft of a bank is feasible, or to design business models for heroin dealers? They're not robbing banks or selling heroin... Where does your argument even end? It doesn't matter because it is a private platform, and if they smell BS they are free to get rid of it.
What are you even talking about? You can't compare teaching people how to sell heroin or rob a bank and conducting a research. What I take issue with is that they kicked him out for something that he did not do.