Satoshi Statue Stolen in Switzerland, 0.1 BTC Reward

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Satoshi Nakamoto Statue Stolen in Switzerland, 0.1 BTC Reward Offered

Written by Aaron S.,

Editor-In-Chief

Last Updated: August 04, 2025

Key Takeaways

A statue honoring Bitcoin's creator was stolen from Parco Ciani in Lugano, and a 0.1 BTC reward is offered for helpful tips;
Designed to vanish from certain angles, the faceless figure took 21 months to develop and build;
Despite the theft, the group behind the statue plans to install it in 21 cities worldwide.

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Satoshi Nakamoto Statue Stolen in Switzerland, 0.1 BTC Reward Offered

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A sculpture made to represent Satoshi Nakamoto, Bitcoin’s anonymous creator, has gone missing from a public park in Lugano, Switzerland.

The piece was located in Parco Ciani, near Lake Lugano. Satoshigallery, the group behind the project, confirmed that the statue was taken and announced a reward of 0.1 Bitcoin BTC $114,077.21 , worth over $11,000, for any helpful information that leads to its recovery.

In an August 3 post on X, the group wrote, "Where is Satoshi? You can steal our symbol, but you will never be able to steal our souls".

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Despite the incident, the group said it will continue its effort to install the statue in 21 cities around the world.

The statue, designed by Italian artist Valentina Picozzi, was built using stainless steel and corten steel blocks. It depicts a faceless person sitting at a laptop, crafted in a way that makes it appear invisible when viewed from the front or back.

According to the creators, the concept took 18 months to develop and three more months to build. It was revealed in October 2024 during the Plan B Forum, a yearly event focused on blockchain and crypto topics.

The statue had been placed outside Villa Ciani, a well-known conference building in the city.

Recently, blockchain analysis firm Arkham estimated that Nakamoto's known holdings had reached a new milestone. What did it say? Read the full story.