The important lesson which has been always being reminded by everyone here to the newbies, always create a back up for your wallet. Just in case of situation like this comes, you can have a deep breath and release and everything's gonna be fine. It's not a rare case to hear someone lost their wallets without backing it up years ago.
Yes. I agree. This kind of incident is very unfortunate and anyone did not want it to happen. You might retrieve the wallwt since it's digital by using some backup passwords or private key and seed phrase. And you can contact your phone provider in order for them to reset the phone so that the person who's gonna have it don't have any access on your things on the phone and I know that the phone itself will no ise for them. I'm sorry for your loss. It is not a joke that kind amount of money next time be sure to handle thinga very properly and don't just focus on profiting but also in securing your wallet and funds.
If ever someone is still using it and picked it up by accident, they might just wipe the data on it and reset the phone. That's what usually happens when there are people who picks up a phone by accident and they don't have any plans of returning it to the owner.