story
If you base your operation in international waters/outer space then there's literally no privacy law protecting you from anybody, you are fair game for every government out there.
besides this: there are many, many ways to spy on satellites. the US is believed to have at least one satellite that sits 'above' a major middle eastern comms satellite with a football field-sized antenna, passively snooping everything shot at it. you can encrypt it, sure, but do you have high enough trust in your crypto implementations to deal with an adversary like that?
what i'm getting at is, i don't think they would shoot down the satellite.