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The best case scenario youd expect after admitting to having plagiarized some content is for a signature ban for a certain period of time, on the remote chance that your ban appeal on Meta were to be considered.
There is an interesting thread that used to keep a non-official status on ban appeal efforts, although unfortunately it was discontinued. Nevertheless, it gives you some insights on the procedure and results:
[BAN APPEAL]UPDATE: Total table + Ban status (Need feedback from Global mods).