It's hard to know because both sides are arguing that it's 100% their side. Game companies are claiming it's basically all pirated keys. G2A (in court) used to argue that it was basically no pirated keys. The truth is somewhere in the middle but nobody is talking.
In some cases, the fraudulent purchase route is less profitable than just buy-selling across countries and abusing sales. I can't imagine in those cases that we're looking at fraudulent purchases.