Iconic Satoshi Nakamoto statue recovered by Lugano municipality

The iconic statue of pseudonymous Bitcoin creator Satoshi Nakamoto has become a textbook symbol of the global Bitcoin movement.

The iconic “disappearing” statue of pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto, reported stolen on Saturday, has been recovered, according to Satoshigallery, the art collective responsible for installing the statue. 

Municipal workers from the city of Lugano, Switzerland, recovered the statue, which was thrown into Lake Lugano after it was removed from its base in Parco Ciani, a lakefront park in the Swiss city, by unknown persons. 

The municipal workers discovered the statue in several pieces, indicating vandalism, rather than theft for monetary gain. The statue was only welded to the base at two points at the statue's feet, which remained fixed to the base.

Read more