IMO, this grift is enabled by the miniaturization of brushless motors. It's been a bit of an underreported revolution, but the improvements are super obvious for anyone who has handled power tools in over the last 10 years; it's also a big deal for combat robots. You just get so much more power per kilogram of motor. These guys are lazy, so they didn't think to consider the wear from that kind of loading in their designs.
So the grifters just CAD up a believable people-shaped chassis, plonk in these new ittybitty motors, warm-over 20 year old dynamic stability research, have a few guys dance around in knitted gimp suits for the camera, and voila, they can vacuum up money from scifi-pilled rubes for years before vanishing.
Edit: also I can promote my niche hobby horse here: I maintain that Tombstone from the Battlebots tv series is the ultimate answer to these things (as well as skeleton hordes and zombie mobs).
