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Because its part of the punishment.
Indeed. It's a part of the punishment. Otherwise you wouldn't care much about your account if you could trade/sell your items.
Multiple VAC bans on record
1 game ban on record
Just wow, dude.
Doesn't make any sense, so you cheated.
Not being able to trade is a good thing, so people can't move their "expensive" inventory items (they got thru cheating) to other accounts and keep cheating there. Rinse and repeat.
Just because that might not be in any monetary value, their playtime was worth something to them.
If the inventory could just be moved to another account, then cheaters would just cheat, move the inventory, then cheat on their new account.
So, now you understand why it won't happen.
As far as appeals, you have had plenty of time to read the official answer on this, so no thread asking regular users was needed.
https://support.steampowered.com/kb_article.php?ref=7849-RADZ-6869
It clearly says there "non-negotiable". So if unclear, that means no, there are no appeals to this ban or the fact the inventory is locked to the account.
Finally, you still own the inventory anyway, and can even use it on the account that is banned, but only on non VAC servers. So you have not lost anything in the way of money anyway.
Stop blaming Valve for your poor decisions.
What "value" are you going to give that for them ?