
Process
Guessing we’ll see this process:
Store owners block IMEIs of all stolen devices (probably other Apple specific/proprietary blocking methods too) through carriers
Crooks post to Craiglist or similar lots of phones for only $500 or more/less
People buy “cheap phones”, because of course everyone verifies the source before purchase when too good to be true
Crooks keep cash
Buyers have a $500 brick
Insurers pay store whatever the retail price is