Can I sell iphone 5 I got from insurance claim?

I lost my phone and got a new one in the mail. My phone turned up at my job and now I have two. Can I sell the new one I got from insurance company on eBay? Will this cause any problems?

Yes?

You can sell your new phone sure but your old phone has been blacklisted, so you can "never" activate it as a phone again, not ever.

Your phone has been marked as stolen/destroyed. The buyer will not be able to activate it.

You can't. Your old phone has been blacklisted. They do this so a stolen phone can't be used and so that if someone try's to sell it they can't

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