No, hosting warez is not allowed.
Not quite sure how you missed this :
QUOTE
Your account will be DELETED if you:
# Upload a phishing / fraudulent website.
# Upload copyrighted / warez / pirated material.
# Upload pornographic content.
# Upload file sharing scripts, e.g. bit-torrent, rapid-leech, etc.
# Upload hacking tools or resources.
# Upload web proxies (including PHProxy).
# Use your account for file storage with no intention of creating a website. We are a WEBSITE HOST and not a file host!
# Upload a website for blackhat SEO purposes, e.g. to cheat search engine rankings or spam links. This also includes spammy MFA websites.
# Upload vBulletin forums *NEW*(PHPBB and free forums are allowed).
Right at the bottom of the registration form.