I want to know if FPS Bypass is allowed.

I think it should'nt be allowed.

"Q: Is Frame Hack allowed? A: I saw Stikam address this a long time ago, and no, it's a hack and therefore BANNED."

Straight from the FAQ. Frame hack and Bypass are basically the same thing. It isn't allowed. (Sidenote: it actually makes load times longer)

@LESHENKA "But another question is " is 144 fps allowed with 60hz monitor" Your monitor will still only show you 60FPS, because it is only capable of doing 60 refreshes per second.