It would appear, from my very few instances of being hit with a copyright notice that some copyright "strikes" are resolved by Utub capturing monetization if established or monetizing it and directing the $$$ to the complainant.
Yes.... That's exactly what I said. I have a couple of videos that use copyrighted material. One of those is a foreign artist from Argentina... it's been hit with a copyright notice in my dashboard and monetized. At least they didn't pull my videos or silence them.