if they didn't want people to speculate on the details, they could have released a more professional message instead of what they have here.
seriously the level of unprofessionalism at this scale of the market is shocking. you can't imagine e.g. Nvidia putting out a press release like this when they drop a vendor
Sparkfun is publicizing the enforcement of their code of conduct, making it a public issue, which is a bizarre position to take. Usually, when there are violations of things like this, you don't discuss it outside a need-to-know basis.
I'm not involved with this specific case, but in general it's annoying when people blast some vague passive aggressive accusation publicly, but then retreat behind "it's a private matter! Respect our privacy!" when people are then naturally are interested in what happened. It's frequently cover for a weak argument.