I'm opposing the flag for the reasons bob123 stated here and elsewhere, and in my own opinion in a nutshell is this:

Bob123's stated intent was not to damage someone's business or to steal something but to expose untrustworthy accounts (hacked/sold, unearned green trust etc) and he did exactly that. The fact that someone built a "business" out of this doesn't make bob123 a scammer. Nor is there any written or implied contract that says such accounts can't be exposed.