In rare cases and theoretically, yes.
But it's far more common to lose the whole library which happens if someone is banned. Usually if you already have the games downloaded you can still play them but lose access to online features.
There was one time where a few PS4 games were not showing up in my library on PS4 but showed up on PS5. To be fair, my PS4 was having a lot of issues at the time.
Lifetime Sales Predictions
Switch: 161 million (was 73 million, then 96 million, then 113 million, then 125 million, then 144 million, then 151 million, then 156 million)
PS5: 115 million (was 105 million) Xbox Series S/X: 48 million (was 60 million, then 67 million, then 57 million)
PS4: 120 mil (was 100 then 130 million, then 122 million) Xbox One: 51 mil (was 50 then 55 mil)
3DS: 75.5 mil (was 73, then 77 million)
"Let go your earthly tether, enter the void, empty and become wind." - Guru Laghima
