>>106948303
>Legally, can I use IoT LTSC on Virtual Machine?
I think you can legally use the Evaluation version for 30 days.
https://www.microsoft.com/en-us/evalcenter/download-windows-11-iot-enterprise-ltsc-eval

However, just ask yourself this question. Is the massive data collection by Microsoft legal? Just pirate Winblows. As long as you are not a big corporation, nobody cares whether your copy of Windows is legal or not. Not even Microsoft cares about pirating Winblows anymore.