The Satoshi Nakamoto statue in Lugano, Switzerland was reported stolen on August 2, 2025. The art group Satoshigallery offered a reward for its recovery.
Incident and Immediate Reactions
In the early morning of August 2, 2025, the Satoshi Nakamoto statue in Lugano was stolen. The incident was highlighted by Satoshigallery, which initiated a search by offering a reward of 0.1 BTC. Reports from local community members led to an active response.
Community Efforts and Recovery
Eyewitnesses, including local crypto figure 'Gritto,' suggested the statue may have been dumped in Lake Lugano. Efforts focused on quickly recovering it, although the incident's social and symbolic significance overshadowed financial concerns.
Cultural Consequences of the Incident
Despite the event occurring at a high-profile location, there were no immediate effects on cryptocurrency prices such as BTC or ETH. The focus remains on cultural implications rather than financial repercussions. The recovery of the statue emphasizes potential regulatory and technological outcomes for public art security in crypto-related projects.
The incident involving the theft of the Satoshi Nakamoto statue in Lugano has become a significant event for the crypto community, highlighting the cultural importance of crypto symbols.