Could be. Seems odd though; a friend of the victim said he already had his M2 and I presume he'd ridden from his home, with his friends, to that parking lot that night. The guy in your vid looks like he's never, ever been on a bike before. In order to obtain an M2 one has to have much more competence than that.
My guess was more along the lines of practicing and trying out things that might be considered "stunting" (e.g. wheelies) away from the prying eyes of police (note location and time of day...) Looking at the fellow's obit I second-guess that though; doesn't really seem to fit that a guy about to get an advanced degree in international political science (or whatever...) goes wheely-ing around at midnight. I dunno.
Ofcourse they were stunting. You think their friends would tell the cops that ...pfft.
They're all kids after all.
Ps. Degree has nothing to do with mistakes. Even god makes mistakes