For those looking for answers I found the developers site. Looks like there is hope. The more the community can help the faster it can get fixed.
https://flweb.it/2013/06/bp-moderation-is-broken-help-fix-it/
While BP-Media is maintained by other developers, I’m the only one working on this plugin and I have received emails about it not working on the latest versions of WP and BP.
I started to look into it and the dev version should now be working on single-site installs, Today I’ll test on multisite and fix it. I can’t devote lot of time to it right now so any help, tester or developer, is appreciated.
The development version is now on GitHub at https://github.com/francescolaffi/BP-Moderation, if you are not confortable with git you can get the zipped dev version at https://github.com/francescolaffi/BP-Moderation/archive/master.zip.
Stable versions will be tagged in WP official svn repo.
How can you help to get it fixed?
If you use this plugin on your site test the dev version (zip) from GitHub and post the issues to https://github.com/francescolaffi/BP-Moderation/issues (never test it on your production website)
If you are a developer you can help to fix and improve it! Fork the GitHub repo and make a pull request or reach out at francesco.laffi on skype to discuss it.