Yes. A bypass for the game's Denuvo v17 protection was released by the scene hacker EMPRESS in February 2023, approximately two weeks after the game’s official release.

Because Hogwarts Legacy is a high-demand title, it is a frequent target for malicious actors:

The available crack is based on an early build of the game (version 1121649 or similar). It does not include subsequent official performance patches, bug fixes, or newer content updates.

The game still technically runs Denuvo in the background; the crack simply "tricks" the software into thinking it has a valid license. Risks and Scams