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According to chainanalysis, about 0.34% of crypto transfers in 2020 were for crime if that's what you mean by illegitimate [1]. 1: https://blog.chainalysis.com

• prox 5y ago
  Yeah, just curious how much is for crime. That’s not that much (thought it might have been higher)
  • berkes 5y ago
    Using a transparent, public, mathematically provable correct, ledger to store your drug-laundering and income: who ever thought this would be a good idea? Bitcoin only ever was pseudonymous, which is only anonymous if you manage to disconnect each link between with the real world and your bitcoin pseudonyms/addresses. For ever. That is a lot of hard work, when for example a £20 bill works so much easier.