It's still breaking both the EULA and intellectual property laws... Yoyo are backed by the guys that owns OpenAI now so you probably don't wanna pick a legal battle with them if you can avoid it.
You might be interested in the open source alternative LateralGM / Enigma though? (I think it's still around). It's basically a recreation of GM8 and Studio 1.x in Java. I remember it was a bit of a mess to set up since it's two separate projects (for the IDE and compiler) and you need to jump through a few hoops to glue them together, but it's less legal risk and probably less virus/spyware risk as well.