The former NTSB investigator they interviewed seemed to be thinking MSL, since he referred to the 250kt speed limit below "10,000 feet".
Reminds me of an encounter I had a couple of months ago taking off on 27 from my home field. I had a traffic alert from my MFD (which is linked to a GDL90 ADS-B receiver). The target was about 500 feet above me and crossing my path but I couldn't see a thing. I leveled off and tried to talk to it on the CTAF, since it would have been at or slightly below pattern altitude. No response to several hails. When I was safely past it as shown on the display, I climbed again and turned around to have a look at it. The display showed that it was now coming toward me again (gulp). Still I saw nothing. Then it made a sharp turn (VERY sharp, even abrupt or so it seemed on the display) and proceeded on the downwind for 27. That's when I saw it: a large black shape, seemed to be some kind of fixed wing aircraft, too large for a bird. It flew the downwind, started to descend about where a pilot would, and then turned base very quickly, now moving across my line of sight very quickly. Then it overflew final and went WAY low behind some buildings NE of the field and I lost track of it.
NORDO idiot? RCA? Drone? Bird? I really have no idea what the heck it was and just hope that if it was some fool doing low-altitude daredevil antics that he stays the frak away from my airport.