It does: https://www.playstation.com/en-us/support/account/ps5-console-sharing-offline-play/ (Note this wouldn't work if you tried to do so while there's an outage)
I think those affected either had multiple PS5s or were doing game sharing between their household or with friends.
I think those affected either had multiple PS5s or were doing game sharing between their household or with friends.
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It's a problem regardless of offline mode or console set to primary.