Pirated versions are often "frozen" at a specific version. You will not have access to updates for HiDPI support, Apple Silicon (M1/M2/M3) compatibility, or VST3 updates.
The primary danger of "Keygens" or "Patched" executables is that they require you to disable your antivirus or add exceptions. This is a common delivery method for: Pirated versions are often "frozen" at a specific version
Malicious code hidden inside the "keygen.exe" that gives a third party remote access to your computer. Apple Silicon (M1/M2/M3) compatibility