Did you read my post? I understand what ephemeral storage is, and that giving another instance access to that physical device without scrubbing it is insecure. That's not the point. There's no reason that AWS needs to delete that data the instant a stop command is issued.
AWS gets paid the big bucks to abstract such concerns away in a pleasant manner. The device with customer data can sit in reserve, attached to the customer's account, for a cooldown period (of maybe 24 hours?) that would allow the customer to redeem it. AWS could even charge a fee for such data redemptions to compensate for the temporary utilization of the resource, or they could say ephemeral instances will always cost your use + 1 day. They can put a quota on the number of times you can hop ephemeral nodes.
They could do basically anything else, because basically anything else is better than accidentally deleting data that you need due to a counterintuitive vendor-specific quirk that conflicts with established conventions and habits and then being told "Sorry, you should've read the docs better."
This is an Amazon-specific thing that bucks established convention and converts the otherwise-harmless habits of sysadmins into potential data loss events. It's very bad to do this ever (looking at you, killall Linux v killall Solaris), but it's especially bad to do it on a new platform like AWS where you know lots of people are going to be carrying over their established habits and learning the lay of the land. It is not reasonable for Amazon to tell the users that they just have to suck it up and read the docs more thoroughly next time.
This is not like invoking rm on your system or database root, which is a multi-decade danger that everyone is aware of and acclimated to accounting for, and which has multiple system-level safeguards in place to prevent it: user access control, safe-by-default versions of rm that have been distributed with most major distributions lately, etc., and for which thorough backup and replication solutions exist to provide remedies when inevitable accidents do happen.
The point is that just instantly deleting that data ASAP and providing 0 chance for recovery is wanton recklessness, and there's no excuse for it. Security is not an excuse because there's no reason they have to reallocate the storage the instant the node is stopped.
If such deletions could only be triggered from the EC2 console after removing a safeguard similar to Termination Protection, that may be more reasonable, but allowing a shutdown command from the CLI to destroy the data is patently irresponsible.
Good system design considers that humans will use the system, that humans make mistakes, and it will provide safeguards and forgiveness. Ephemeral storage fails on all of those fronts. Yes, technically, it's the user's fault for mistakenly pressing the buttons that make this happen. But that doesn't matter. The system needs to be reasonably safe. AWS's implementation of ephemeral storage is neither safe nor reasonable.
Amazon has done a good job of tucking ephemeral storage away. It used to be the default on certain instance sizes. As another commenter points out, it now requires one to specifically launch an AMI with instance-backed storage. It's good that they've made it harder to get into this mess, but it's bad that they continue to mistreat customers this way, especially when their prices are so exorbitant.