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| Police arrest suspect in Cash App founder Bob Lee's death | Police arrest suspect in Cash App founder Bob Lee's death |
| (about 2 hours later) | |
| Tributes were paid to Bob Lee, who founded the popular Cash App and worked for MobileCoin | Tributes were paid to Bob Lee, who founded the popular Cash App and worked for MobileCoin |
| Police in San Francisco have arrested a person in connection with the fatal stabbing of Cash App founder Bob Lee. | Police in San Francisco have arrested a person in connection with the fatal stabbing of Cash App founder Bob Lee. |
| The suspect has been identified by police as 38-year-old Nima Momeni from Emeryville, California. Mr Lee and Mr Momeni knew each other, police said. | |
| A Linkedin profile for Mr Momeni describes him as a technology consultant and entrepreneur. | |
| Police found Mr Lee, 43, unconscious with stab wounds on 4 April near San Francisco's city centre. | |
| Mr Lee later died in hospital from his injuries. | |
| In a news conference on Thursday, San Francisco Police Department chief William Scott announced Mr Momeni's arrest, and added that the suspect knew Mr Lee. | |
| Chief Scott said Mr Momeni has been charged with murder and is now in custody at the San Francisco County Jail. | |
| He did not elaborate on how Mr Lee and the suspect knew each other. | |
| Prosecutors are seeking to hold Mr Momeni without bail. An arraignment hearing has been scheduled for the suspect on Friday. | |
| Chief Scott said the "case is not closed" despite the arrest and that an investigation is ongoing into Mr Lee's death. | |
| Mission Local, a regional news outlet, first reported on the arrest and identified the suspect as someone who works in the tech industry. | |
| Citing police sources, the report stated that Mr Lee and the suspect were in a vehicle together and had an altercation before Mr Lee was stabbed. | Citing police sources, the report stated that Mr Lee and the suspect were in a vehicle together and had an altercation before Mr Lee was stabbed. |
| At his time of death, Mr Lee was the chief product officer of the cryptocurrency company MobileCoin. | At his time of death, Mr Lee was the chief product officer of the cryptocurrency company MobileCoin. |
| He is also credited with founding Cash App, a smartphone-based platform that allows person-to-person money transfers. The app is popular in the US and is worth $40bn (£32bn), according to Forbes. | |
| Mr Lee's death garnered many tributes from figures in the US tech industry. | |
| It also ignited criticism against authorities in San Francisco for their response to the city's violent crime rate. | |
| Related Topics | Related Topics |
| San Francisco | San Francisco |
| United States | United States |
| California | California |