Tech executive arrested over fatal stabbing of Cash App creator Bob Lee, reports

Innovation

The alleged killer of Bob Lee, a tech executive who was stabbed to death in San Francisco earlier this month, has reportedly been arrested and turned out to be a fellow tech industry worker who knew Lee, according to a local news report.
Police have arrested Bob Lee's suspected murderer.

Police have arrested Bob Lee’s suspected murderer.

MobileCoin

Key Facts

The San Francisco Police Department booked Nima Momeni, 38, on murder charges at a San Francisco County jail at 9:19 Thursday morning, according to jail records.

Momeni of Emeryville, whose name and address correspond with the owner of the technology company Expand IT, was arrested nine days after Lee’s stabbing.

Police say Lee and Momeni were driving together through downtown San Francisco in a car registered to Momeni before a confrontation broke out inside the vehicle and continued after Lee got out, Mission Local reported.

Momeni allegedly stabbed Lee multiple times with a knife recovered not far from the spot along Main Street where officers initially responded to the crime.

Forbes reached out to the San Fransisco Police Department.

Key Background

Bob Lee, who was the 43-year-old creator of Cash App and an executive at cryptocurrency firm MobileCoin, was stabbed around 2:30 a.m. on the morning of April 4. His murder garnered comments from major tech players like Jack Dorsey, who worked with him at Block, formerly known as Square.

Tangent

In the days following Lee’s death, many from the tech community criticized San Francisco’s safety. Matt Ocko, a managing partner and founder of Palo Alto investment firm DCVC, tweeted that San Fransisco’s city council had “Bob’s literal blood on their hands,” while Elon Musk added, “Violent crime in SF is horrific.” Homicides in San Francisco are currently above pre-pandemic levels but were stable from 2021 to 2022. Other types of violent crime like aggravated assault, rape and robbery increased from 2021 to 2022, according to data from the Major Cities Chiefs Association. When compared to 21 other major cities, San Francisco’s property crimes, like robbery and theft, are 41% higher than average, but violent crimes, like murder and aggravated assault, are 21% below average, according to the San Francisco Chronicle’s analysis of FBI crime data.

Contra

San Francisco Mayor London Breed addressed concerns about the city’s safety at a Saturday festival, saying, “When the facts of many of these cases come out, many people are going to be surprised.” The mayor added: “It has really heightened events like this, as well as people jumping to conclusions about what they think is happening.”

This article was first published on forbes.com.

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