Satoshi Nakamoto Statue Smashed in Lugano – 0.1 BTC Reward

Satoshi Nakamoto statue in Lugano’s Parco Ciani was attacked overnight, as vandals used angle grinders to sever its welded base and dumped the bronze figure into Lake Lugano. Police cordoned off the scene, and evidence at the site pointed to industrial cutting tools. Satoshigallery has offered a 0.1 BTC reward for tips leading to the statue’s recovery. Divers from the local municipality retrieved the broken statue from the lake. Satoshigallery confirmed the bronze piece is secure and has outlined plans to restore the public artwork. City authorities will tighten security after tourist foot traffic dipped following the incident. This statue theft is the first major vandalism of the “Disappearing Satoshi” campaign, which has installed 21 Satoshi Nakamoto statues worldwide to symbolize Bitcoin’s 21 million supply cap. Satoshigallery remains committed to casting replicas in new locations.
Neutral
While the vandalism of a high-profile crypto art installation underscores the cultural influence of Bitcoin, it has no direct effect on network fundamentals or market liquidity. Traders are unlikely to adjust positions based on this statue theft. Any short-term sentiment shift from media attention is expected to be minimal, making the overall market impact neutral.