Long story short, I created a new ads account for my current organization. 2 factor auth is enabled on my account, everything should be fine, but FB considers it a suspicious activity.
So the account is locked with NO WAY to unlock it: no option for text msg or even ID verification which FB is notorious for.
"Denys, Your Account Has Been Locked We saw unusual activity on your account. This may mean that someone has used your account without your knowledge.
To protect you, your profile is not visible to people on Facebook and you can't use your account."
The Learn More page leads to this helpful article: https://www.facebook.com/help/203305893040179
And then there is a vicious cycle of redirecting back to the initial page.
There are a few forms which is possible to find on REDDIT (not official facebook support), but they don't seem to be helpful as you never receive any kind of response.
I'm glad that I had my ad campaigns stopped on this account, otherwise it would have been a nightmare to deal with chargebacks for something I have no control over.
TLDR: If you rely on automated system to block users, make sure you provide them with options to contact a real person in case AI goes crazy.