https://xkcd.com/1200/ comes to mind.
Games have no sandboxing anyways. They can access most of the data on the systems on which they run. Whether the game, crack or a HV crack makes little difference.
Sure, running a hypervisor or kernel level does allow them a bit more access, mostly around persistence. But I don't think it is a huge difference to most people.
So IMHO you are already putting a lot of trust in any pirated software or crack, hypervisor bypasses are really just a small matter of degree. If you don't trust the crack don't run it. Easy as that. Or if you want robust protection run games on dedicated hardware with no personal information or in a dedicated untrusted gaming VM.



