How to reproduce:
1. Open the attached project "Ribbon Issue.zip"
2. Navigate to Assets > Scenes > SampleScene.unity
3. In the Hierarchy window select "Particle System" GameObject
4. Click "Restart" under Particle Effect in the Scene View
5. Observe the released particle from Particle System
Expected result: A straight ribbon appears from the Particle System
Actual result: A ribbon with twists and curls in random places appear from the Particle System
Reproducible with: 2019.4.34f1, 2020.3.25f1, 2021.2.7f1, 2022.1.0b2
Note: This also happens in the Play Mode