Those horror stories are the reason why I am moving everything away from Google. I used to make Android apps and got a strike once. Then another app got delisted and I don't even know if it counts as a strike or not. Can't risk losing everything if my account gets closed. I will never again put all my eggs in one basket.
As per your specific case, I don't think you'd have to worry. But I still think in general anything of value should be separate from Google.