This post claims that the person controlling the family office is now 18, and is also spending money to be philanthropic. This could be someone who inherited money trying to buy their way into legitimization/importance in the world, tech world especially. Which is honestly a far more reasonable use for inherited money if you want to do something interesting with your life than "bought yacht, coke, women".
If the totally unsupported claim that it was dirty money in the first place, it makes even more sense to spend money to become legitimate himself. The only evidence was his last name, no idea if it's common, is shared by someone who is claimed to be a drug kingpin in an online article.
Certainly a rich young man investing in something he believes in sounds more plausible than Reddit cooking the books and doing so in such a spectacularly bad way.