This wasn't the case at all before when I purchased the product. The nice feature was that I could preload my clothes and trigger them to wash/dry before I'm about to get home. That's all I expected from this. I even called support and asked them to deactivate my account but they said this can only be done through the app. And I can't use the app unless I accept the new terms and services.
edit: added the privacy policy link here https://us.m.lgaccount.com/spx/customer/terms_detail?country=US&language=en-US&terms_type=A_ITG_PRV