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Tether CEO shares petition to revive destroyed Satoshi statue, signatures surpass 1,000 — what’s subsequent?

Editor
Last updated: September 20, 2025 4:59 am
Editor
Published: September 20, 2025
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Tether CEO shares petition to revive destroyed Satoshi statue, signatures surpass 1,000 — what’s subsequent?


Contents
  • What does the Satoshi statue petition entail?
  • Tether’s hyperlink to the Satoshi statue in Lugano

A Change.org petition shared by Tether’s CEO to revive a vandalized Satoshi Nakamoto statue has simply reached greater than 1,000 signatures. What’s subsequent for the statue?

Abstract

  • A Change.org petition has acquired greater than 1,000 signatures as of August 8.
  • The unique artist is keen to rebuild the statue at her personal expense.
  • A bunch of residents are asking for logistical and safety help from the Metropolis of Lugano and a brand new location for the statue to be displayed.

In a current put up, CEO of the stablecoin large, Paolo Ardoino, shared {that a} Change.org petition asking for the restoration of the Satoshi art work statue that was vandalized earlier this month has simply surpassed 1,000 signatures.

The Tether (USDT) CEO posted a hyperlink to the petition mere hours in the past, with the aim of gaining 1,000 signatures to a public petition that claims to be established by “a gaggle of Lugano residents.” By August 8 on 06:00 AM UTC, the aim was surpassed.

“Lugano wants its Satoshi statue again. 1,000 signatures by tonight *prayer arms*,” wrote Ardoino in his earlier put up.

As of August 8 at 11:00 UTC, the petition has acquired 1,030 signatures.

The Satoshi Nakamoto statue was first found lacking by Satoshigallery, the creators behind the Satoshi statue. The statue was utterly faraway from its base, with solely two of its toes left behind because it was bolted to the plaque.

Damaged items of the Satoshi statue present in Lake Ceresio | Supply: Lugano’s Plan

The creators supplied 0.1 BTC (BTC) to anybody who might assist get better the life-sized black metal statue that went lacking. Inside hours of the put up, the staff reported that the Satoshi statue had been present in shambles in Lake Ceresio. In response to one X consumer named Gritto, the statue was vandalized by a gaggle of drunk children late at night time on August 1.

What does the Satoshi statue petition entail?

In response to the petition, the unique artist who conceived the statue, Valentina Picozzi, has supplied to recreate the statue at her personal expense. Nonetheless, the restoration of the Satoshi statue nonetheless requires logistical and safety help from town authorities to make it occur.

Not solely logistical help, the petition additionally asks for the statue to be moved to a brand new and safer location that may guarantee “visibility, appreciation, and safety of the sculpture.”

Tether’s hyperlink to the Satoshi statue in Lugano

Tether CEO Paolo Ardoino has a private hyperlink to the statue that was present in damaged items scattered throughout Lake Ceresio on August 3.

In October 2024, Tether was the one to unveil the life-sized art work of Bitcoin’s nameless creator, Satoshi Nakamoto, on the third Annual Plan ₿ Discussion board in Lugano, Switzerland. The disclosing of the statue got here shortly after there was renewed buzz round who the true identification of Satoshi Nakamoto could possibly be following the HBO documentary “Cash Electrical: The Bitcoin Thriller.”

When the damaged statue was first found, the Tether CEO was one of many first crypto figureheads to rejoice the return of the statue. He reacted to the Satoshigallery’s put up with a purple coronary heart upon seeing the statue carried onto the again of a truck after it was pulled out of Lake Ceresio.

The original image of the statue of Satoshi before it was destroyed | Source: Link Floyd
The unique picture of the statue of Satoshi earlier than it was destroyed | Supply: Lugano’s Plan

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