Instead, you might get whatever elements of your identity stolen that Linode's account-management servers have possession of; or your VPS instance might become host to crypto-mining malware and then get shut down by Linode (which will come at no cost to you, other than the downtime.) But neither of these things will really focus on you personally. They're automated bulk attacks.
If you dont want to trust them now, in 2020, don't - they aren't the only provider of VMs. I'd imagine the big cloud providers (AWS/GCP/Azure) have fairly significant security teams - has there ever been a disclosure of customer VMs being compromised on any of them?
If you want to be secure against local adversaries, use TOR.
More specifically, it's begging the question. The actual definition of begging the question, not the mistaken usage.
To beg the question is to assume the thing which is to be proven.
begging the question as a logical fallacy is prevalent in politics and media representations, and is a differentiatior between reasoned debate and talking head nonsense.
Polictician 1: UBI! P2: free market competition! P1: why do you want poor people to suffer, P2?!
P2: 2nd amendment! P1: Ban firearms! P2: why do you want americans to be put in danger, P1?!
both of these are begging the question
I don't think considering a VPS insecure is really that far fetched.