Since PLANB is a public figure linked to BTC, and there are more and more stories of extortion, kidnapping, and other shady stuff...
Maybe he's saying this to make all his followers and ill-intentioned people believe that he no longer has any physical BTC, so it would be pointless to target him.
My 2 cents, but who knows.
Not only saying it, but actually doing it. Because just saying you had a boating accident, you can be sure that, after sufficient torture, you
will reveal the keys to your BTC. If you have actually done the ETF transfer, you have no keys, so there are no keys to reveal. This could still be bad for you, because you may end up dead.
OPSEC. Never underestimate it. Ross Ulbricht got caught by a leaky CAPTCHA.
