Not that that is sufficient for allowing legal access to all data in every case. But see the next part.
There’s no evidence that the wild claims about improper access to data are justified. Claims from people who have proven to be the opposite of truthful. For instance to shut down payments temporarily you don’t need to access data; you just need a cable snipper to cut the right wires. Reference the Twitter Sacramento data center solution implemented after the Twitter purchase. Or it can be done any number of other ways with changing passwords, etc.
Don’t believe everything you hear and read.