Boating accidents are a meme created by Monero bros almost a decade ago. This meme caught on and because its idea is so powerful Bitcoiners repurposed it for their own propaganda without realising that one can not move Bitcoin anymore after a boating accident without criminalising oneself.
If you have no KYC Bitcoin you don't need to stage a boating accident. If you have KYC Bitcoin a boating accident is basically a lifteime freeze of your Bitcoin, meaning your potential purchasing power is now zero despite you still holding the keys.
Monero doesn't give a fuck about KYC or not. It's above the law. Fake boating accidents only make sense when you don't lose the purchasing power.
But if you actually lose it on a boating accident...
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Sure, then your purchasing power got eradicated for real.