I'll edit out some distracting words and see if that helps clarify:
> you can redistribute...and...modify it under the terms of the GNU General Public License...either version 2...or...any later version.
So this means I can redistribute and modify it under the terms of GPLv3, which is exactly what this project does.
Some people do have a problem with this, as you seem to, and that's the reason very notable projects, like the Linux kernel, often edit out the part of the license that allows you to distribute it under later versions, and instead mandate GPLv2, even for derivative works.
https://git.kernel.org/pub/scm/linux/kernel/git/torvalds/lin...