Microsoft 365 features that help users manage their subscriptions, account settings, and billing information.
(the following paragraph is pure speculation from a user lacking the understanding of the actual communication protocol)
Here a wild guess out of the blue: Perhaps we are running into path length issue? I recall the property of the Windows API to limit the MAX_PATH variable to 260 characters.
Allow me to speculate: I assume that communication between user agent and server(s) depends on some kind of authentication token. It should also contain an (encrypted) account address or ID. Perhaps the list of subscribed IMAP folders is appended to account ID (or user email address) and token, and subsequently sent as part of the string in whatever server/client handshake. In this hypothetical setup, evaluation of the string on the server side may hit the size limit in some cases. This would occur in particular in cases where account names were too long?
(back to the facts)
I noticed that Ian's last email address is rather long. The name and password of my affected account are also on the longer end of the spectrum. Is there evidence suggesting a correlation between email-address, or password-length, and account behaviour?