Cautious maybe. If you run the Portable LDPlayer inside a Windows Sandbox or a virtual machine with no personal files, you might satisfy your curiosity. But do not install it on your main gaming rig.
This specific mod allows for "Cross-Save" capabilities in some iterations, letting you move your progress between your PC and your Android phone.
The v05 mod, specifically, has been flagged by several users for requesting and accessibility service — two hallmarks of data-harvesting software.