I had something kinda similar happen to my hotmail account. While I didn't lose access to it, I lost more than a decade of correspondence dating back to my teenage years. The reason was that Microsoft at some point required you to "login" once every 30 days. It seems they only counted logins through their web interface or something like that, so even though I was receiving emails daily, I didn't trigger a "login" in their system. They then deleted all my emails, but I could still login.
This happened to me ten years ago. A while later they did the same thing with my Minecraft login that I had purchased before the EULA was in place; I’ve avoided their services like the plague since then.