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completely violating your users trust is an interesting way to react to a disclosure of a potential security vulnerability

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"Nefarious actors are attempting these things 24/7 regardless. As a registrar for millions of domains names, we are constantly under attack so this isn't anything new." - https://twitter.com/NamecheapCEO/status/1564077063480418307

I guess this makes sense. On the other hand such actions might have had legal implications before. I mean until the CEO actively allowed / awarded them.

This doesn’t have any meaningful legal implications.

You will still be in trouble if you deface some random Namecheap customers website to claim this bounty.

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