CMC News

#SatoshiNakamoto Statue Recovered After Lake Lugano Vandalism

The iconic #Satoshi Nakamoto statue has been recovered by Lugano municipal workers after being thrown into Lake Lugano following its theft.

The statue, created by Italian artist Valentina Picozzi, was found in several pieces, indicating vandalism rather than theft for profit.

Satoshigallery, the art collective behind the installation, had offered a 0.1 $BTC reward worth over $11,000 for the statue's recovery.

The artwork took 21 months to plan and construct, becoming a flagship symbol of the global #Bitcoin community since its October 2024 unveiling.

Swiss National Day celebrations may have contributed to the vandalism, according to community speculation.

The art collective remains committed to installing similar statues in 21 locations worldwide despite the setback.

Municipal workers discovered the statue in Lake Lugano after unknown individuals removed it from Parco Ciani park.