• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Theft and Quick Recovery of Satoshi Nakamoto Statue in Lugano

user avatar

by Giorgi Kostiuk

2 days ago


The Bitcoin community was thrown into confusion after the theft of the Satoshi Nakamoto statue in Lugano. The statue was quickly found in a nearby lake, sparking discussions among community members.

What Happened to the Satoshi Statue?

The statue, located at Parco Ciani, was reported missing by user @Grittoshi on social media platform X. The group Satoshigallery confirmed the theft and offered a reward of 0.1 BTC (approximately $11,000) for information leading to its recovery.

"You can steal our symbol but you will never be able to steal our souls. Thank you all for the nice messages," the group stated. The statue was later found in the lake, as suspected by @Grittoshi.

Satoshi Statues Around the World

Designed by Italian artist Valentina Picozzi, this statue was installed in Lugano in October 2024 as part of the city’s initiative to become a global Bitcoin hub. The statue is also located in other areas, including Bitcoin Beach in El Salvador and a newly unveiled statue in Tokyo, Japan. The concept of the statue symbolizes Nakamoto's anonymity and was designed with a disappearing effect.

Bitcoin Community Reaction and Future Plans

The Bitcoin community is actively supporting Satoshigallery. Despite the theft incident, the group plans to install Satoshi Nakamoto statues in 21 cities worldwide, continuing their mission to promote Bitcoin culture. The unfortunate incident in Lugano will not deter their initiative, with plans for new installations underway.

The theft of the Satoshi Nakamoto statue attracted attention from the Bitcoin community and raised questions about anonymity culture in cryptocurrency. Regardless of the unfortunate incident, the initiative to install statues continues to evolve, highlighting the significance of Bitcoin in modern society.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Cryptocurrency Drop: Economic Factors and Asset Threats

chest

The cryptocurrency market is experiencing a downturn due to economic challenges and interest rate policies.

user avatarGiorgi Kostiuk

Mutuum Finance: Prospects of DeFi and Future Real-World Integrations

chest

Mutuum Finance is an emerging DeFi protocol with interesting offerings and growing investor interest.

user avatarGiorgi Kostiuk

CFTC Seeks Public Input on Spot Cryptocurrency Trading

chest

The U.S. Commodity Futures Trading Commission is soliciting feedback on integrating spot cryptocurrency trading at regulated exchanges.

user avatarGiorgi Kostiuk

XRP on the Rise: Sparking Tensions Among Bitcoin and Ethereum Supporters

chest

The rise of XRP is causing discord among crypto investors. Discussions focus on liquidity issues and opinions from notable figures.

user avatarGiorgi Kostiuk

CEA Industries Shifts to BNB Strategy with $500 Million Investment

chest

CEA Industries has raised $500 million for investments in BNB, rebranding itself as BNB Network Company.

user avatarGiorgi Kostiuk

$ICNT Trading Pair with 0% Fees on Tothemoon

chest

Impossible Cloud Network ($ICNT) is now available for trading on Tothemoon with 0% trading fees.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.