No, it's not. This is:
Firmware Recovery
If the Bash Bunny fails to boot more than 3 times, it will automatically enter recovery mode. The LED will blink red while the file system is replaced by the backup partition. DO NOT UNPLUG THE BASH BUNNY DURING RECOVERY
This process takes about 3 minutes. When complete, the Bash Bunny will reboot as indicated by the blinking green LED.