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Damn it AMD. An email contract "isn't legally binding"? Glad to hear the Dev will redo the project from an older codebase though.
It's not legally binding when the person at AMD didn't have the authority to do so. That may be the case or AMD may be making BS up. I don't think we'll ever know for certain.
This is not how the law works in the US. It's very dependent on extenuating circumstances.
And yet that seems to be what AMD claim happened. Feel free to distribute the last commit before the takedown and take AMD to court over that matter. In all honesty, I wish you the best of luck. I don't like AMD's behavior either.