He is guilty as charged and exposed wearing no clothes. That is what we see very clearly.
Yet his true believers honestly see a fully clothed king in breathtaking technicolor. The views are mutually exclusive. Naked or clothed. One or the other. Guilty or innocent. Which is it depends on who is doing the looking . One group see what is there or more accurately what isn't there...namely clothing and the other group sees what it has been brainwashed to believe it sees but only dwells inside their heads. A king fully clothed dressed in jewels and fine materials.