Interpretation is not really on a factually consistent case possible. Sorry.
I understand that he has a questionable business history with respect to Bold Funding. But isn't it possible that his commitment to bitcoin is sincere? I'd like to think what we're here for is largely about making money, but doing it in a way that is sustainable. I'm not sure if a guy who made $300,000 in the mortgage debacle would be so stupid as to turn this into another pump and dump scheme.
So while the jury is still out on his connection to mybitcoin, and whether or not he's cheating users out of their money, he shouldn't be prematurely castigated.