Does data you want to remain private need to be stored with companies outside of US?

The President of Lavabit, the email provider used by NSA leaker Edward Snowden, suddenly shut down it’s services and issued a statement that said: “without congressional action or a strong judicial precedent, I would _strongly_ recommend against anyone trusting their private data to a company with physical ties to the United States.” Is he right

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Read more: Does data you want to remain private need to be stored with companies outside of US?

Story added 9. August 2013, content source with full text you can find at link above.