Mexico State’s Attorney General’s Office said two suspects have been arrested in the killing of Jonathan Meléndez, keyboardist of rock band Camilo Séptimo, along with his pregnant wife, daughter and an employee, in a case authorities say was driven by an effort to obtain a cold wallet containing millions of dollars in Bitcoin.

According to the Attorney General’s Office, the suspects were identified as Diego Sebastián and Gerardo. Authorities said one of them was a business partner of the victim and used that relationship to gain access to the home. Prosecutors allege the attack was aimed at seizing a cold wallet tied to a large Bitcoin holding.

The case involved multiple deaths. Authorities said Meléndez, his pregnant wife, daughter and an employee were killed, and the family’s dog was also found dead. The two suspects are scheduled to appear before a judge on Wednesday, when the court will decide whether there is sufficient evidence to move forward with criminal proceedings.

If convicted, each suspect could face prison terms of 25 to 70 years for each victim, according to the Attorney General’s Office. Authorities have not disclosed further detail on whether the wallet was recovered or whether any cryptocurrency was successfully transferred.

The case lands amid a wider increase in violent robberies targeting crypto holders. In the first half of 2026, there were 52 reported wrench attacks globally, up 33.3% from a year earlier, including 20 home invasions targeting cryptocurrency holders, compared with one in the same period last year. Chainalysis estimated that more than $30 million in cryptocurrency was stolen through wrench attacks in the first half of 2026. Reported incidents also rose 75% in 2025 to 72 cases globally, with France recording 19 cases.

Why It Matters

This case underscores a persistent weakness in digital-asset ownership: crypto security is no longer only about hacks, phishing or smart-contract failures. As holdings move into self-custody, physical coercion and targeted home invasions have become a more visible risk, especially when wallet ownership can be linked to real-world identities and relationships.

For the industry, that raises questions beyond criminal enforcement. It touches on how exchanges, wallet providers and custodians position security, how users manage privacy around large holdings, and whether high-profile violent incidents change confidence in self-custody as crypto adoption broadens.