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From my personal experience on both playing on and viewing FiveM servers I wouldn't worry about bans as a casual player, it seems to be more fear mongering than anything apart from a few cases. If you are concerned, just ask the average FiveM playerbase if they got banned from GTA Online because they play on FiveM.
"Rockstar Games has always believed in reasonable fan creativity and wants creators to showcase their passion for our games. Third party “Roleplay” servers are an extension of the rich array of community-created experiences within Grand Theft Auto that we hope will continue to thrive in a safe and friendly way for many years to come."
tl;dr they are accepted and acknowledged by Rockstar themselves with exceptions to the rule, mainly 'lootbox' or pay-to-win mechanics being used within the servers then Rockstar / Take-Two would take action. If you or anyone else were to install and play primarily on FiveM you would most likely be fine and would not receive a ban. If you were to own / create / run / administrate a server that promotes pay-to-win mechanics (i.e. Lootboxes, 'NFT's, pay-to-play, ect) you run the risk of being punished by TOS.
Atleast that's how I have read it, I could be wrong and could very well be but with Rockstar acknowledging FiveM and the large community behind it, it would be a bad decision on their half to suddenly ban players who would use those community servers.
(See the June 1st 2017 Reviews for the game which included Take-Two going to take a stance against OpenIV, the "Backbone of almost all of GTA V Mods")
Your opinion. Take the risk if you want.