Showing my ignorance here, so long as the seller is completely upfront about the situation, would it be possible to sell the phone without any trouble (like advertising that you're selling stolen property?) For instance, would the following listing be OK? "We got duped into buying a blacklisted phone, can't use it in my country, anyone interested this blacklisted phone so that I can recoup at least some of our money? Anyone interested in a working phone for parts?"