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Satoshi Nakamoto Statue Returns: Details of the Incident

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by Giorgi Kostiuk

2 days ago


The Satoshi Nakamoto statue, stolen in Switzerland, has been recovered. This was reported by municipal workers in Lugano, who found it in Lake Lugano.

Discovery of the Satoshi Nakamoto Statue

The statue was found in several pieces in Lake Lugano after being thrown into the water by unknown individuals. It was removed from its base at Parco Ciani. Local authorities reported that it appeared to be vandalized rather than stolen for profit.

Community Reaction to the Vandalism

The cryptocurrency community reacted with disgust to the act of vandalism. Gabor Gurbacs, founder of Pointsville, expressed his discontent by calling it "a tasteless and stupid thing to do." Others, such as pseudonymous Bitcoin advocate Gritto, speculated that the vandalism may have been caused by celebratory events for Swiss National Day.

Symbolism and Significance of the Statue

The statue, created by Italian artist Valentina Picozzi and unveiled in October 2024, has become a symbol of the Bitcoin community. It took 21 months to plan and construct. The art collective Satoshigallery stated its intention to install similar statues in 21 locations around the globe, underscoring the importance of the symbol in the cryptocurrency cultural landscape.

The recovery of the Satoshi Nakamoto statue highlights its significance to the Bitcoin community and reflects its unity in the face of vandalism.

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