At least all this plastic is now stored in one place and did not end up in rivers and landfills yet. There is a still a hope for happy ending of this story.
And they'd take it to Asia and dump it in the ocean on the way.
“Recycling” on the other hand is a code word for shipping stuff on a slow boat to China, and is actually much worse for the environment.
There's nothing wrong with plastic in a landfill.
I have seen subsequently, and considered briefly running after, many plastic bags in the streets blowing towards the storm runoff system.
And plastic in a landfill tends to degrade over a very long period of time, into substances that seem to have a tendency towards contaminating water tables and ecosystems.