I've had the same thing happen for about $200 and I just paid up the debt on my old account and they restored my current account. Not sure if that will happen or if spending the $475 is worth the chance. Just my experience.
I currently sell on both - when Ebay/Paypal shut you down at least you get your money in 90 days. I've had numerous stealth Amazon accounts literally deleted and you never see your money.
Ebay really putting the squeeze on all of use small guys. Amazon has done the same with Fulfillment by Amazon...big get bigger by crushing the small guys.
Find some nice cheap "real" items, no XXXX stuff to start selling if even at a small loss to build up some solid seller feedback while you search for some better items to make money on.
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