Satoshi Nakamoto Statue Vanishes in Lugano, Switzerland
A statue honoring Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has disappeared from its location in Lugano, Switzerland. The disappearance, which occurred on Saturday, August 2, 2025, has sparked rumors of theft and left the local community searching for answers.
The statue was unveiled in October 2024, meaning it was removed less than a year after its installation. The motive behind the disappearance remains unknown. Theories range from disgruntled Bitcoin critics to an overzealous fan seeking to possess the tribute.
“Satoshi disappeared. Again!” quipped cryptographer Adam Back, who was cited by Nakamoto in the Bitcoin whitepaper.
The missing statue was first noticed by the X (formerly Twitter) account “Grittoshi,” who questioned Tether CEO Paolo Ardoino about its whereabouts. As of this report, the statue’s location remains a mystery.
Statues Honoring Satoshi Nakamoto Around the World
The first statue dedicated to the creator of Bitcoin appeared in Budapest, Hungary, in 2021. Local artists, funded by local companies, created a life-sized representation without a defined face.
Lugano, known as a “Bitcoin city,” unveiled its own version of the Satoshi Nakamoto statue in 2024. The statue was designed with a unique visual effect, changing its appearance depending on the viewer’s perspective. This was intended to reflect Nakamoto’s disappearance from the community.
In 2025, Japan also unveiled a statue honoring Satoshi Nakamoto.
Currently, there are no known Satoshi Nakamoto statues in Brazil. However, this could change as Bitcoin gains popularity in the country.
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