Mexican Musician and Family Killed Over Bitcoin Cold Wallet Believed to Hold Millions

Mexican prosecutors allege that suspects targeted Jonathan Meléndez, keyboardist for the band Camilo Séptimo, and his family while looking for a cryptocurrency cold wallet. Authorities believe the suspects thought the wallet contained millions of dollars’ worth of Bitcoin. The allegations connect the killings to an attempt to locate and obtain access to the offline storage device. The case highlights the risks surrounding physical access to crypto wallets, where control of a device or its recovery details can determine access to digital assets. Prosecutors have not been reported as confirming that the wallet contained the amount of Bitcoin the suspects allegedly believed it held. The investigation involves the deaths of Meléndez and family members, according to the source.