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This is incorrect. Lightning Network transactions are trustless just like Bitcoin [1], even over multiple hops. You set up a channel with one or a few peers and then can pay or be paid by anyone in the network [2] with no counterparty risk.

1. With the caveat that you (or a service you delegate) need to be prepared to broadcast a transaction within some time period if a peer tries to defraud you, which is unlikely since if they fail they lose their funds in the channel.

2. Assuming enough liquidity in the network

Lighting network channels don't require you to trust the other party.

Lighting network is also distributed, you don't need a direct channel between you and another party to pay them. You just have to find a route.

Most transactions fall into the first -solved- category, a minority is in the second.