I thought it as Identity revocation, so the keyring is still valid for tranfering money. That’s an exepected result, yes.
Also, wallet revocation does not seem a good thing to implement because :
we can create hundred of wallets per minute, randomly or not
the blockchain would have to store these revocations, which could be a source of spamming
are we legitimate to seal a keyring, just for the reason we guessed the good salt/passwd? We are legitimate for the identity, because it requires recognition from others. But wallets do not.