He's deluded to the point that he thinks the people pointing out red flags are the reason his investments in various ponzi's aren't turning out so well.
I think in this case he might be right, because talking about the truth can really bring a ponzi down. Liars and the truth are like fire and water. But he's wrong when he thinks that a legitimate "hard mining" business can be brought down by just some talk.
That's some next level quantum honesty you got there. It's not known how honest it is, until you observe it forcefully...