Created by Devsome before in some area he made a description on how to bypass. The .dll itself is kinda basic.
When you login a package is sent (0x9001) which includes the HWID. Just change the hwid with ollydbg and w0p ur in.
If the server is bad, you can also remove the dll with olly, not sure if the server itself made a check to see if the DLL is really running, but guessing that it cannot select if the dll is removed, its prolly just listening on sending packets. So all you really need to do is to make it send the packet with a new value and you can login on how many accounts you wish to. Elamidas made some new system, not sure how its working, did not test and I will not test in the future either.
Have fun.