OK, in that case "illicit" is defined as related to fraud in the crypto exchange itself. It does not refer to activities like e.g. buying banned substances, oli

OK, in that case "illicit" is defined as related to fraud in the crypto exchange itself. It does not refer to activities like e.g. buying banned substances, oligarchs circumventing sanctions, etc. If this is really the message of the article, then it is misleading, perhaps even deliberately so, to make crypto look good.