Cash App Founder Bob Lee Death: Tech Worker Arrested in Murder Case

image source, Twitter/Bob Lee

image caption,

A tribute to Bob Lee who founded the popular Cash App and worked for MobileCoin

Police have arrested a self-described tech entrepreneur in connection with the San Francisco stabbing of Cash app founder Bob Lee.

The suspect is 38-year-old Nima Momeni of Emeryville, California. Mr Lee and Mr Momeni knew each other, police said.

According to Mr Momeni’s LinkedIn profile, he is a technology consultant and company owner.

Police found Mr Lee, 43, unconscious with stab wounds near downtown San Francisco on April 4.

Mr Lee later died in hospital.

At a news conference on Thursday, San Francisco Police Chief William Scott announced Mr Momeni’s arrest and said the suspect knew Mr Lee.

Chief Scott said Mr. Momeni has been charged with murder and is now being held in the San Francisco County Jail.

He did not elaborate on how Mr Lee and the suspect knew each other.

Prosecutors are seeking bail for Mr Momeni. The suspect is scheduled to be arraigned on Friday.

Chief Scott said the arrest was “not case closed” and an investigation into Mr Lee’s death was ongoing.

Citing police sources, the report said Mr Lee and the suspect were in a vehicle together and had an argument before Mr Lee was stabbed.

At the time of his death, Mr Lee was the chief product officer of cryptocurrency firm MobileCoin.

He is also credited with founding Cash App, a smartphone-based platform that allows person-to-person money transfers. According to Forbes, the app is popular in the US and is worth $40bn (£32bn).

Mr Lee’s death drew many tributes from figures in the US tech industry.

It also sparked criticism of officials in San Francisco for their response to the city’s violent crime rate.

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