If someone steals a Verizon iPhone, can it be used from the stealer?

Like if they take out the tracker chip so I can't track it anymore, will they be able to activate it if they have Verizon too? Or is there a blacklist so that people can't use the cell phone that you report got stolen?

Say, if I blacklisted my iPhone that got stolen and they tried to activate it, will they be in trouble? Like will it alert a Verizon staff to tell me they were the ones who took it?

If you wrote down your imei code you could shut down your phone. If you bought the phone from verizon they might have that info but its nit likely

All Verizon needs to do is mark the ESN as stolen and it can't be activated or used. You can do that over the phone with Verizon pretty easily, just call and report the phone as stolen.

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