Key Takeaways
- The vandalized statue of Bitcoin’s creator in Lugano was recovered from Lake Lugano in broken pieces.
- The Bitcoin community reacted strongly to the act, offering symbolic defiance and calls for justice.
- Satoshigallery pledged to install similar statues globally despite the incident.
A symbolic bronze statue representing Bitcoin’s pseudonymous founder, Satoshi Nakamoto, has been recovered in Lake Lugano, Switzerland, after suspected vandalism.
The artwork, installed in Parco Ciani, had a brief disappearance before being retrieved in damaged condition by city workers.
Satoshi Nakamoto Statue ‘Symbol of Bitcoin’ Targeted and Reclaimed
Satoshigallery, the art collective behind the statue, confirmed the recovery after offering a 0.1 BTC reward (~$11,000).
The statue was thrown into the lake and found in multiple pieces, suggesting vandalism rather than theft for profit.
Community Uproar and Defiant Messaging
Bitcoin supporters voiced outrage online. Gabor Gurbacs called the act “tasteless and stupid,” while others speculated rowdy Independence Day celebrations caused it.
Satoshigallery emphasized resilience, stating, “You can steal our symbol, but you will never steal our souls.”
Final Thoughts
The stolen statue episode reflects the deep cultural value Bitcoin holds within its community. While damaged, the statue’s recovery reinforces the collective resolve to preserve its symbolism—leading Satoshigallery to commit to new installations across the globe.
Frequently Asked Questions
Who recovered the statue?
Lugano municipal workers found and retrieved it from Lake Lugano after it was vandalized.
Was it stolen for profit?
No. The missing parts and damage indicate vandalism, not theft for resale.
Will more statues be installed?
Yes. Satoshigallery confirmed plans to install 21 similar statues worldwide.
