I guess it would be if Cloudflare was operating the bots.
huh? they can block the bots
Usually the protection racket (https://en.wikipedia.org/wiki/Protection_racket) is when the people who will cause the destruction charge to prevent it from happening.
Paying a security guard isn't considered a protection racket, while paying a member of the mob so that nothing happens to my store is considered a protection racket.
What do you call it when the same security guard also gets paid by the attackers to let them in?