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SAN FRANCISCO — San Francisco police arrested a man on Thursday morning in connection with last week's fatal stabbing of Cash App founder Bob Lee, according to local media reports,
Nima Momeni, who was taken into custody during a search in nearby Emeryville, is suspected of stabbing Lee, 43, multiple times with a knife that was recovered near the scene, independent news site Mission Local reported, citing police sources.
Bob Lee, Cash App founder and MobileCoin exec, slain at 43
Bob Lee, a technology executive who created Cash App and was currently chief product officer of MobileCoin, has been fatally stabbed in San Francisco.A 38-year-old man by the same name was booked into the county jail after 9 a.m. local time Thursday on suspicion of murder, records show. Neither a court date nor an attorney for Momeni is listed.
The San Francisco Police Department did not immediately respond to a request for further information.
Lee is believed to have known Momeni, who according to a LinkedIn profile of someone with that name is the owner of an Emeryville-based technology company. The two men reportedly were driving in downtown San Francisco in Momeni's car when an alleged confrontation led to Lee's April 4 stabbing.
Momeni owns a technology company called Expand IT, according to Mission Local. Momeni has owned the firm since 2010, according to the LinkedIn profile. Attempts to reach a representative of Expand IT were not immediately successful.
Block Inc-owned Cash App allows users to transfer money through a mobile application, which the company touts as an alternative to traditional banking services.
Lee was the chief product officer for cryptocurrency company MobileCoin, where he was also previously an early-stage investor and adviser, the company said on Twitter.
