I heard this X-Trap Bypass Method

Here's a dummy method to bypass xtrap:

Make a New Text Document.txt, save it as xpatch.exe (basically make a new empty xpatch.exe file)

Place the xpatch.exe file inside your client folder, overwriting the original xpatch.exe

Start the Launcher, and that's it - no xtrap

You can also have any aplication.exe instead of the original xpatch.exe, but it will error trying to open the xtrap folder.

Is it true?

This does not work anymore, there is no xpatch.exe in your CF folder any longer...