Unless the sale happened in CA, no crime has been committed in CA by Gizmodo. So unless the state of NY has similar laws regarding finds, what exactly should they be charged with?They admit to knowing the circumstances under which it was acquired. Those circumstances are theft in the State of California, no matter how you want to sugarcoat it. They paid $5,000 for property they knew was stolen. They committed a crime. Given the dollar amounts, it is a safe assumption the crime is a felony. It actually has nothing at all to do with it being the next generation iPhone. It could be a 3GS and it is still a crime.
Now, the original finder might possibly be charged with theft and fencing stolen property, but that does not apply to Gizmodo.