The infamous ‘Disappearing Satoshi’ statue in Parco Ciani in Lugano, Switzerland, has been stolen. The statue is a tribute to the pseudonymous Bitcoin creator Satoshi Nakamoto.
A reward of 0.1 Bitcoin has been offered for any information leading to the statue’s recovery. The theft was confirmed by Satoshigallery, the organization behind the global Satoshi statue initiative, and responsible for the BTC reward.
Where is Satoshi?
We are offering 0.1 btc to whoever will help us recovering the Statue of Satoshi Nakamoto that was stolen yesterday in Lugano.
You can steal our symbol but you will never be able to steal our souls.
Thank you all for the nice messages.
We are all in this… https://t.co/cAGCqg4CuP pic.twitter.com/iGrBOdVYhe
— Satoshigallery (@satoshigallery) August 3, 2025
“You Can Steal Our Symbol, But You Will Never Be Able To Steal Our Souls,” Says Crypto Group Behind The Satoshi Statue
“Where is Satoshi?” the group posted on X on Sunday. “You may steal our symbol, but you will never be able to steal our souls,” the statement read, reaffirming their commitment to install the statue in 21 cities around the world despite facing setbacks.
The artwork, designed by Italian artist and Bitcoin advocate Valentina Picozzi, is made from 304 stainless steel and corten blocks. It was unveiled in October of last year.
The statue in Lugano features a faceless figure sitting at a laptop. It is designed to become invisible when viewed from the front or back, symbolizing the anonymity of Bitcoin’s creator and the idea that “we are all Satoshi.”
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The concept took 18 months of study and three months to construct. The statue was installed in front of Villa Ciani during the Plan B Forum, an annual blockchain event co-hosted by the city of Lugano and stablecoin issuer Tether.
Mayor Michele Foletti described the statue as a reflection of Lugano’s commitment to digital innovation. “Lugano is rapidly becoming a leading hub for digital innovation, and this statue honors Satoshi Nakamoto while also embodying the forward-thinking spirit that drives our city,” he stated at the event.
However, this isn’t the first tribute to Nakamoto in public art. In 2021, a bronze statue was unveiled in Budapest’s Graphisoft Park, featuring a mirrored face so that viewers can see themselves in the figure, cleverly referencing the idea that Satoshi could be anyone.
Someone (paper hand) last night stole and broke the Satoshi Nakamoto statue in Lugano. Later found in the lake close to the place. 💥
But no worries, the Lugano Plan B community is already investigating. 🇨🇭💊
Lugano is well known as a safe and friendly place, except some stupid… pic.twitter.com/qf8FSeaLJB
— Aron Clementi 🚀 (ElysiumLab) (@Aron_Clem) August 3, 2025
UPDATE: The Satoshi statue has been found vandalized and dumped in a nearby lake, infuriating the Bitcoin community. However, Aron Clementi, Lugano resident and founder of Elysium Lab, has reassured the community that Lugano is a safe place and an investigation is underway.
Clementi said, “Someone (paper hand) last night stole and broke the Satoshi Nakamoto statue in Lugano. Later found in the lake close to the place. But no worries, the Lugano Plan B community is already investigating. Lugano is well known as a safe and friendly place, except some stupid individuals who still don’t understand the power of Bitcoin. @satoshigallery we are sorry for that, we hope to you see Satoshi again, and stronger. 🧡”
It isn’t clear yet whether anyone will be able to claim the 0.1 BTC reward from Satoshi Gallery. Still, the hopes and expectations are that the statue will be repaired before being reinstated at its spot in Parco Ciani before long.
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