People are listing phones preloaded with TikTok on eBay, Facebook marketplace, and other online storefronts. View on euronews

(CNN) – Sellers on eBay have a hot, new commodity: phones with TikTok still installed. TikTok was removed from app stores on Saturday ahead of a federal ban. While the app is available again for people who already had it downloaded, it remains missing from app stores.

Phones and Android phones with TikTok preinstalled on them are being listed for ridiculous prices on the online marketplace eBay.

Smartphone users are selling their devices for thousands of dollars for having installed the TikTok app prior to the Jan. 19 ban. All apps owned by ByteDance, which include TikTok and CapCut, were removed from app stores in the United States after a ban went into effect with the approval of the Supreme Court.

At the time of publication, a search for "TikTok phone" produces over 24,000 results, with the lowest "Buy it Now" listing selling for $400 and the highest asking for (checks notes) $4,970,400 million with CapCut, a video editing app also owned by ByteDance pre-installed in addition to TikTok.

People are listing phones preloaded with TikTok for tens of thousands of dollars on eBay, Facebook marketplace and other online storefronts.

Now phones that already have TikTok installed on them are suddenly a hot commodity. Dozens of listings for phones and tablets that already have the app have since cropped up on pl