Absolutely, that's why I recommend only using OpenInternetAccess
Citation Needed
If you are really paranoid, then why not use their Tor VPN?
how so? they can track where i am connecting to, but that's about it.
They can intercept DNS, they can snoop on cert names, they can monitor any unencrypted traffic (you'd be surprised how much there is even when you think you're hitting every site with HTTPS..)
That's also true, especially in the case of end-to-end asymmetrical encryption such as SSL.