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Yes, though I believe his videos fall under certain brand safety categories that mean most brands would be excluding his videos from their ad campaigns but I don't think Google have removed his videos from potential ad delivery.
I'm one of five YouTube Premium subscribers on the planet so I can't check but watch a video and, if you get an ad then they're making money.
https://www.theguardian.com/culture/2023/sep/19/youtube-suspends-russell-brand-revenues-channel
Does this mean they've not restricted access to any of his videos. So essentially they can still earn money from the videos but he can't?