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Tether CEO Claims 1,000 Signatures Collected in Petition to Restore Satoshi Nakamoto Statue in Lugano
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Tether CEO Paolo Ardoino announced that 1,000 signatures have been collected for a petition to the Lugano city government in Switzerland, calling for the repair and restoration of the vandalized Satoshi Nakamoto statue. The statue, unveiled on October 25, 2024, during an event co-hosted by Tether and Lugano’s “Plan ₿” initiative, was designed by artist Valentina Picozzi and took 21 months to complete, symbolizing the anonymity and decentralization embodied by Bitcoin’s founder, Satoshi Nakamoto.
On August 2, the statue was vandalized during Swiss National Day celebrations, dismantled, and thrown into Lake Lugano. It was recovered by municipal workers on August 4. Satoshigallery has pledged to cover the restoration costs, and the community has shown strong support for restoring this Bitcoin cultural landmark.
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