Full character turns black (and disapears) around y: 256 in 3rd Person Amplified

What I expected to happen was...:
To see my character as I flew up.

What actually happened was...:
My character disappeared.

Steps to Reproduce:
1. Create a Amplified world.
2. Fly above y: 256 in third person.
3. Ta-dah!

Link to an actual video of me reproducing the bug.
https://youtu.be/i5dWvP_F6NM