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>Overwhelmingly phones are stolen and sold as-is, not chop shopped.

That's not true. An icloud-locked iphone is a paperweight. Only the components are worth something. Well, were ;)

Yes, and they're stolen and sold as-is. It's known as fraud.

Which is why thieves will sometimes ask you to unlock your phone.

Most phone thefts are snatch and run. No chance to rob you and demand your passcode. Every second they have to deal with you trying to give your passcode is one they might get caught. Also, it requires your apple ID passward to remove iCloud lock, not just the passcode.

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