Same problem here. I've tried about 20 different servers and I can't draw my weapon on any of them. If I pick something up nothing happens, but when I log off and log back on the thing i picked up is now in my inventory.

It's been like this since last night.

This happened to a well geared character. I then found the server I was on was laggy so I hopped to a new one and it happened again (though the second time I only lost a flashlight and tshirt XD)

Same thing happened to me. Game crashed and I logged in with a new character.

Server crashed, kicked a bunch of people off. When I logged back in I was on the coast with nothing.