This does still happen. Microsoft may nuke a git repo and someone has to figure out who has the latest version of the entire repo with all the latest commits of every branch.
They don't allow uploading large binary blobs either, though, and steganographically storing gigabytes of data with probably terabytes of overhead sounds like a quick way to get banned.
There was a story making rounds a few years back that Wikipedia was being used as a file / media sharing platform, particularly in countries with limited other options for such services.
I can't find a link currently, though I'm pretty sure I'm not hallucinating this.