Lugano’s landmark tribute to Bitcoin‘s (CRYPTO: BTC) anonymous creator met a violent end this week after the Satoshi Nakamoto statue was found shattered and submerged in Lake Lugano.
What Happened: The installation, located in Parco Ciani and crafted to symbolize Bitcoin’s decentralization ethos, had been torn from its base and discarded into the water over the weekend.
City officials confirmed the recovery of the fragmented artwork on Monday.
Designed by Italian artist and long-time Bitcoin supporter Valentina Picozzi, the piece stood as a faceless optical illusion, a visual metaphor for Satoshi’s mystery and the cryptographic roots of Bitcoin.
The structure, made from stainless steel and …