Note that the original reddit thread[1] is pretty suspect and alarmist. The OP is clearly inexperienced with the process inspection tools they are playing around with. They complain about the launcher using minified JS, opening dlls, and checking root certificates among other things all of which are very normal things for a desktop application to do.
[1]https://www.reddit.com/r/PhoenixPoint/comments/b0rxdq/epic_g...