Mexico's Attorney General's Office states that suspects targeted Camilo Séptimo keyboardist Jonathan Melendez and his family. According to the prosecution, the objective was a cold wallet which the suspects believed contained millions of dollars in bitcoin.

The information was published by Decrypt as a brief summary rather than a full set of investigative materials. Therefore, the circumstances of the murders, the identities of the suspects, the location of the wallet, and the status of the case remain unspecified.

The case is significant for the crypto industry not due to market movement, but because of the physical risk associated with alleged ownership of digital assets. It also highlights that while cold storage protects keys from remote access, it does not eliminate threats from individuals who know or suspect the existence of funds.