This was discussed on reddit a bit ago. The same company in place now ran IPVanish and they logged and rolled over on the user. No reason to think they wouldnt do the same with privado and if you are ultra worried tin foil hat-ish, would they do the same with their usenet? who knows. https://torrentfreak.com/ipvanish-no-logging-vpn-led-homeland-security-to-comcast-user-180505/
yes seems silly they would do it for usenet but i would have said the same thing a few years ago about vpn. i guess things are fine until they arent.. my main surprise in the vpn case was their willingness to work with the feds. they told them once we dont have anything and then THEY contacted the feds and said hey, ask again why dont you.