I think there's always a market for everything but it will depend on what's your purpose in creating it. What I mean by this is that is it for profit or is it for the betterment of the whole economic system to help identify scams and automate them?

I'm not well-vested with machine learning type of things but it sounds like a good idea if the cost of it is minimal to run for sure. I think it weighs more to help others identify scams and not just be worried about the cost of operating them.

Anyway, I tried looking at the article for the machine learning for IcoRating but can't seem to download a copy of their paper. I wanted to learn the introduction and conclusion that they have with it. How they handle false positives and true negatives and what are the percentage of it etc.

Can this be a good reference for this possible project?
https://github.com/awslabs/fraud-detection-using-machine-learning