I have for sale a Samsung Galaxy S7 for sale, it is in perfect condition, and comes with slightly beaten up light blue otter box. I DID NOT STEAL THIS PHONE, it was found at a highway rest stop and I've been holding on to it for a while hoping to find the owner, but I wasn't able to access the phone or any contacts on it, and no one sent texts to it to reply. The phone is factory reset and there is no factory reset protection. Because it's blacklisted, I'm selling it for $250 but the price is very negotiable, and will only use escrow. It retails for $450 used so it's hell of a steal. I have photos upon request.
I'm not familiar with such things but could you explain to us more about what blacklisted for smartphones means?
What are the risk using this, do all functions of the phone work or there is something that doesnt work?