As I noted within my post #9955859@lemm.ee (alternate link), I found that thumbnail generation in Element is an enourmous privacy, and security vulnerability. Thumbnails are generated server-side, regardless of E2EE settings. What this means is that the URLs that one sends would be leaked out of your encrypted chats to the server.
This is indeed an obstacle in practicality. You are absolutely right in that any channel under control by the admin could be used as a means to orchestrate a MITM attack and replace my public key with theirs. The only way for this to work is for me to personally provide my public key in a separate, and secure channel like Matrix.
I would like to emphasize that this is all just an experiment for my own interest. I would certainly not recommend what I am doing to anyone else.
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