I'd welcome that. I think it'd be funny to see cheaters pitted against each other. What would be even better, is if these cheaters didn't know they were caught, and all the cheaters were invited to take part thinking they were chosen because of skill or some reason. And then when someone wins, they will be announced "The Biggest Cheater" or something. And then it's revealed that everyone in the event were reported as cheaters.
Also they don't win any money or anything, but get a gift card to the game shops they're now going to be banned from using. 😄