Correct, However, assuming this is all true, the developers (whose work is being infringed[a]) could get an injunction saying Cheat Engine can't release the infringing versions anymore, and must remove the infringing code going forward. And if Cheat Engine refuses, they could get an order against GitHub to remove the infringing works (the releases and possibly the entire repo).
[a]: According to a comment on issue #60[0], this would be any of: the FSF, Fabrice Bellard, Timppa, Martin Waldenburg, Jean-Franois Goulet, or Bo Brantén
[0]: https://github.com/cheat-engine/cheat-engine/issues/60#issue...