ButeDance is a Chinese company responsible for complying with directives from the CCP. If one doesn't trust the CCP, then one should not trust ByteDance.
How is this any different? The US is one of the Five Eyes countries. They routinely spy on their own people (see Snowdon et al). I see no difference between the two in this regard, other than the US has a court system that sometimes acts independently and has a Constitution that sometimes is followed.
Which is why Facebook is not allowed in China.
For example, do individuals in the US not enjoy more freedom (of speech) than individuals in China?
Isn't it worth supporting and enhancing one regime and fight against the other (at least on this dimension)?