No.. it's just wasted 0.26 BTC, thanks moderator / staff or whoever did this.
I would suggest contacting Majic8Ball about this to see if he is wiling to give you a refund. If what you are saying is accurate, then the reason for the ban was something that either he did, or something that the person he purchased the account from did. If this is the case, then he absolutely should refund you, although he may not be able to post/PM either if he was the cause for the ban.
edit:
Yes, my previous account was banned for 60 days. However, I didn't know about this and I don't get why the ban is permanent..
Is your "previous" account still under the 60 day ban? If so then using alternate accounts (with the exception of using one to appeal your ban) is ban evasion, and you would most likely be the cause for the ban