I had the same problem. Step 3 solved it for me.
My case was complicated as I migrated my Windows 10 PC to a new system. I uninstalled and reinstalled Oculus Win PC Software, removed everything USB. Nothing worked until I deleted the adb keys.
Never in a million years I would have thought the keys used in adb connection had something to do with windows 10 not recognizing the device. I thought it was a USB power issue.
I wish Oculus software and specifically adb was better at error messages.
Hey there, TrionR! We're sorry to hear you're having this issue and none of the previous suggestions have worked for you. We appreciate you stating that you're running Windows 11, as this helps us identify the most likely cause of your issue.
At this time, Windows 11 is not yet supported with our software. Our teams are working hard to change this so our users no longer have this obstacle in the way of their PCVR gaming. In the meantime, we recommend checking out this public support article for more information on what PC specs we suggest using for optimal PCVR performance.