We can confirm same behavior in a woocommerce shop under our management. We have disabled just this plugin folder and site back-end comes back online.
For the time being we are marking the plug-in as untrusted and attempt a version rollback to see if this provides the necesarry conditional mitigation untill the error is officially confirmed and resolved.
Was just going to addendum that myself. To those doing conditional mitigation this way please do not forget to set auto update of the plugin to disable and if you use a management patch platform there to or you risk a repeat incident.