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Statue of Satoshi Nakamoto Stolen and Found in Lugano

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by Giorgi Kostiuk

2 days ago


This week, the world of Bitcoin was shaken by news of the theft of a statue honoring its mysterious creator, Satoshi Nakamoto, from Parco Ciani in Lugano, Switzerland. The statue vanished during Swiss National Day celebrations, prompting concern and speculation within the crypto community.

The Theft of the Satoshi Nakamoto Statue

Locals noticed the statue's absence on August 3. It stood in front of Villa Ciani in the heart of Lugano, depicting a faceless figure at a laptop—a powerful symbol of Bitcoin's anonymity. Italian artist Valentina Picozzi spent over 18 months researching and three months creating it. Despite the effort, it vanished without warning.

Bitcoin Community Unites to Recover the Statue

The theft was quickly confirmed by Satoshigallery, which issued a statement: "You can steal our symbol but you will never steal our souls." The offered reward of 0.1 BTC (around $11,000) drew public attention, and within a few hours, the statue was found. It was thrown into a lake by a group of partygoers who likely celebrated Swiss National Day. Community members helped locate the statue through local tips.

The Status of Bitcoin and the Role of Symbols

The statue is more than just a piece of art; it serves as a reminder of Bitcoin's origins and the mystery surrounding its creator, Satoshi Nakamoto, who is believed to hold over 1 million BTC, making him the 11th richest person in the world. The design reflects this enigma, appearing to vanish from certain angles. The city of Lugano aims to become a hub of digital innovation, with Mayor Michele Foletti highlighting the statue as a testament to the city's commitment to a crypto future.

The statue's return reinforces the ideas underlying Bitcoin—freedom, anonymity, and resilience. Satoshigallery plans to continue placing 21 identical statues around the globe. While the theft posed a challenge, it also showcased the spirit of Satoshi Nakamoto, ensuring it will not fade away.

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