As a fun example, I worked on a safety-critical system where accessing all-bits-zero pointers would trigger an IRQ that jumped back to PC + 4, leaving the register/variable uninitialized. Great fun was had any time there was LR corruption and CPU started executing whatever happened to be next in memory after function return.

Hahahaha well that behaviour is certainly fun!

I recently had a less wild but similarly baffling experience on an embedded-but-not-small device. Address 0 was actually a valid address. We were getting a HardFault because a device driver was dereferencing a pointer to an invalid but not-null address. Working backwards, I found that it was getting that invalid address not from 0x0 but rather from 0xC… because the pointer was stored in the third field of a struct and our pointer to that struct was null.

   foo->bar->baz->zap

Foo = 0, &bar = 0xC, baz = invalid address, *baz to get zap is what blew up.