Who holds the key to my device audio?
Your phone protects the usable private key. Your user ID links that key to your account; the ID itself is not a secret key and cannot unlock audio.
The design also allows servers to store an encrypted backup of the private key. It is wrapped with a key derived from your password; the server does not hold that wrapping key. Where recovery is supported, a separately encrypted copy can be unlocked using your recovery phrase. An encrypted backup does not give Sutyo or a provider the readable private key.
These protections depend on the integrity of the device and your phone, and on keeping your password and recovery credentials private. They do not claim protection after an attacker compromises an unlocked phone or the device’s secure firmware.