Hiveswap's Stolen Kickstarter Money? (Lost funding ipgd rumor explained) Homestuck Game

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I played through Hiveswap Act 1 on my let's play channel here:
• Hiveswap: Act 1 + Act ...
Hiveswap Act 2 has been announced for November 2020!
Starting from a wildly successful Kickstarter campaign back in 2012, the development of Hiveswap (AKA Homestuck Adventure Game) has been nothing short of a disaster.
Everything is taking longer than planned, the project has been chopped up into 2 games that both span 2 'Acts', none of which have been completed quickly...
While many are quick to point fingers and blame this Kickstarter game disaster at Andrew Hussie, What Pumpkin?, and it's other developers - there has long been rumors of some shady dealings behind the scenes.
Former Homestuck contributor ipgd first broke the story on tumblr, explaining how The Odd Gentlemen's allegedly stolen Kickstarter money.
I hope that by piecing together the speculations and rumors behind Hiveswap's money and development we can better understand why this story caught on. And IF it's true, why the game has been massively delayed, and under-delivered on that 2.5 Million dollar promise!
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