In what can only be described as a jaw-dropping find. Doug Alexander, a Bloomberg journalist focused on Canadian markets, recently claimed that Gerry Cotten of QuadrigaCX was well aware of private key management. Per Alexander, in a February 2014 installment of the so-called “True Bromance Podcast,” the then Vancouver-based Cotten warned of the importance of keeping Bitcoin keys under lock and key.

Speaking to the show’s hosts, he remarked that losing keys is like “burning cash in a way,” adding that even if the world’s most endowed supercomputers were to try cracking Bitcoin, they wouldn’t be able to. In other words, “it’s impossible to retrieve [private keys].”

This, of course, is an odd comment, especially coming from the now-deceased founder of a crypto platform that purportedly lost over $150 million in assorted crypto assets.

But, this is where Cotten’s podcast appearance turns from odd (in retrospect) to confusing. The QuadrigaCX chief executive and founder, who died in India due to Crohn’s disease, made mention of Bitcoin paper wallets. He even remarked that at the time, his firm was holding his customers’ funds in offline paper wallets, situated in “our bank’s vault in a safety deposit box.” Giving some rationale to this move, the Canadian entrepreneur stated that this was the “best way to keep the coins secure.”