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He makes a good point: https://podcast.simplifiedprivacy.com/mullvad/index.html
Basically most VPNs centralise all web traffic into the same data centres you are trying to evade or mitigate, it is therefore a conflict of interest for the VPN to protect you from the system they are themselves using. Most of these international centres are still owned by the US/UK so a court order will not protect you if you are hopping into a country like Switzerland for example.
He also covers how packet sizes can be traced across the sea cables which can be used to identify who you are when being centralised this way: https://podcast.simplifiedprivacy.com/ocean/index.html
If I understand him correctly, he offers a service which splits profiles and packets bewteen apps / sessions to mitigate this, while also leveraging centres which don't cross sea cables.
Why whats wrong with mullvad? I often think tools are perfectly ok for their risk threat (general guy not doing many things that are illegal) but people get in this obsessive frame as if they are some sort of suburban pablo escobar