According to TechFlame, on August 8, Tether CEO Paolo Ardoino said in a social media post that 1,000 signatures have been collected to petition the Swiss city government in Lugano, hoping to restore the statue of Satoshi Nakamoto, which had previously been thrown into the lake.

Earlier, the statue of Satoshi Nakamoto in Lugano, Switzerland, was stolen on August 3, thrown into a lake, and salvaged ashore in the evening of the same day.