In matrix, chats with e2e encryption are protected from hoster even if they would try to steal your data.

I almost never use xargs. The most common case for it is find, but it is easier to use its -exec option. Also, with find your example is incorrect. You forgot that file names can contain special characters, the newline character in particular. That’s why you need to pass -print0 option to find and -0 option to xargs.