So can anyone tell me if this is something I should be worried about?

nah
it's like, they need to keep your email address and ip address for legal reasons and in case you get complained about by someone else

Misheard: I see, OK thanks for explaing. I figured it couldn't be too bad or there would have been a lot of capslock flying around, but still wanted to make sure.

yeah it worried me as well but also i trust them to not fuck us over like that

if only because they're dependent on donations to keep running