Iconic Satoshi Nakamoto statue recovered by Lugano municipality

The iconic “disappearing” statue of pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto, reported stolen connected Saturday, has been recovered, according to Satoshigallery, the creation corporate liable for installing the statue. 

Municipal workers from the city of Lugano, Switzerland, recovered the statue, which was thrown into Lake Lugano aft it was removed from its base successful Parco Ciani, a lakefront parkland successful the Swiss city, by chartless persons. 

City of Lugano municipal workers retrieve the iconic Satoshi Nakamoto statue. Source: Satoshigallery

The municipal workers discovered the statue successful respective pieces, indicating vandalism, alternatively than theft for monetary gain. The statue was lone welded to the basal astatine 2 points astatine the statue's feet, which remained fixed to the base.

Satoshigallery offered a 0.1 BTC reward, valued astatine implicit $11,000, for the betterment of the statue, and Cointelegraph reached retired to the creation corporate for remark but was incapable to get a effect by the clip of publication.

The statue was discovered successful pieces successful and connected the riverbank of Lake Lugano. Source: Gritto

The iconic enactment of creation by the Italian creator and Bitcoin advocator Valentina Picozzi was unveiled successful October 2024 and has go a flagship awesome of the Bitcoin community. The statue took 21 months to afloat program and construct, according to the artist.

Related: Bitcoin creator Satoshi Nakamoto is the world’s 11th richest person

Bitcoin assemblage reacts to vandalism against iconic symbol

The Bitcoin assemblage voiced reactions of disgust and defiance astatine the theft and vandalism of the statue, which has since go a awesome of the Bitcoin question and the digital currency’s mysterious creator.

“Such a tasteless and anserine happening to do. Hope they find who did it,” Gabor Gurbacs, laminitis and CEO of blockchain loyalty rewards and tokenization level Pointsville, wrote successful a X post.

A information of the statue thrown into the waters of the lake. Source: Gritto

Others similar pseudonymous Bitcoin advocator Gritto theorized that “drunk” partygoers celebrating Swiss National Day, the vacation that commemorates the founding charter of the European country, were liable for the vandalism.

Tether CEO Paolo Ardoino reacted to the betterment of the iconic statue with a elemental bosom emoji connected societal media.

“You tin bargain our symbol, but you volition ne'er beryllium capable to bargain our souls,” Satoshigallery said, portion reiterating the creation collective’s committedness to placing akin statues successful 21 locations astir the globe.

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