According to confirmed reports, authorities have arrested Nima Momeni, an IT tech company owner, for the stabbing death of CashApp founder Bob Lee.
An arrest warrant was issued for Momeni in the April 4 stabbing of Lee in San Francisco after it was revealed that Lee and the Expand IT owner were driving in a car registered to the alleged assailant when a physical confrontation occurred between the two men. A knife was discovered not far from the scene, which police believe Momeni used to stab Lee.
Police say that the stabbing was not a robbery ora random crime.
No further information has been released about the incident, but TheSource.com will update this story as more details develop.
Last week, many in the tech community were stunned to find out that Cash App creator Bob Lee had been killed in a stabbing attack. It was subsequently reported that Lee had been stabbed in the early morning while out in San Francisco. Overall, this felt like a very random crime that had some up in arms about the crime rates in urban areas. Even Elon Musk got in on this as he tried to make the stabbing a political issue. However, it appears as though this was not just some random crime committed by a person on the street.
According to TMZ, someone has been arrested for allegedly committing the murder. The person in question is Nima Momeni who is reportedly also a tech executive. Momeni is reportedly the founder of a tech startup called ExpandIT. However, there is still no telling what a possible motive could have been here. What we do know is that Momeni has been arrested. Additionally, it is being claimed that Momeni and Bob Lee were in a car together the morning of the alleged murder.
Bob Lee Was In Car With Alleged Suspect
In this photo illustration, the Cash App logo is displayed on a smartphone screen. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)
As the story goes, Lee got out of the vehicle following an altercation. However, things eventually spilled out onto the street. Police say that a knife was left in the location of the stabbing and that is has since been retrieved. Furthermore, the car that Bob Lee was riding in belongs to the suspect. Either way, this is a very shocking story that continues to leave many Silicon Valley executives reeling.
For now, there are still a lot of details left to uncover. Of course, more investigation will need to take place, and subsequently, some sort of trial will take place. Let us know what you think of all this, in the comments section down below. Additionally, stay tuned to HNHH for more news from the tech world. We will always be sure to keep you informed.
Bob Lee founded CashApp while affiliated with Square (Block) as Chief Technology Officer. Lee had previously worked as a Google Engineer before joining Square to develop the Android app, originally “Square Cash.” Further irradiating his dossier is the fact that he helped WHO develop its app during the Covid-19 pandemic. He did awesome things in his lifetime, so his death aroused agonizing curiosity. What killed Lee was the very fear he had just escaped. He had relocated to Miami based on the increased crime and was only visiting San Francisco when someone stabbed him.
A surveillance video displayed bits of his pre-death struggle. The incident occurred early morning in the San Francisco’s Rincon Hill neighborhood. Following the stabbing, Lee was walking, injured, and bleeding along the street. The footage also showed him seeking help from a Toyota Camry owner by showing him his stab wounds. The person behind the wheel wasn’t helpful, leaving Lee to bleed out in the street.
Reports also revealed that Lee called 911 at 2:34 a.m. screaming, “Help, someone stabbed me!” In a police scanner audio, a dispatcher alerted responding officers, quoting Lee’s SOS. “He’s bleeding out,” she added. Upon arrival, the police found him in excruciating pain, suffering from two fatal wounds to the chest. They rushed him to San Francisco General Hospital, where he sadly passed away.
There are many questions flooding people’s minds about this unfortunate occurrence. People have expressed their condolences despite being paper-blank about the stabbing itself. Josh Goldbard, CEO of MobileCoin, highlighted his memory of Lee while confirming his death. He described him as a “dynamo,” “a force of nature,” and “the genuine article.” Rick Lee, the bereaved father, equally put out his brief eulogy, referring to his son as his “best friend.”
He wrote on Facebook: “Bob would give you the shirt off his back.” He recounted his late son’s touching worldview as adhering to a “strict no-judgment philosophy.” There’s no denying it: Bob Lee was a kind genius. Everyone who knew him personally acknowledged that, emphatically.
Bob Lee Gone: More Reactions
SAN FRANCISCO, CA – APRIL 7: Flowers and cards left as people paying tribute to Bob Lee near the Portside apartment building in San Francisco, California, United States on April 7, 2023. Bob Lee, the American technology entrepreneur who cofounded Cash App, the mobile payment service provider, was stabbed to death in the US city of San Francisco on Wednesday. (Photo by Tayfun Coskun/Anadolu Agency via Getty Images)
San Francisco Mayor, London Breed, has referred to the painful death as a “horrible tragedy.” She also promised more details from the police following a thorough investigation. Not all could have been as close to the deceased as his father, but he certainly crossed note-worthy paths. “It’s so hard to believe he is gone,” Figma CEO Dylan Field tweeted. He recollected his sweet experience meeting Lee in 2006.
MMA fighter Jake Shields also called Bob Lee a “loyal friend” in a tweet that captured Elon Musk’s attention. “Many people I know have been severely assaulted,” Musk lamented. He went on to qualify crime in San Francisco as “horrific,” further tagging Brooke Jenkins, San Francisco District Attorney. Musk’s comment is congruous with sparked concerns about safety in the Bay Area.
Block phenom, Jack Dorsey, posted on Nostr: “Bob was instrumental to Square and Cash App,” bemoaning the “heartbreaking” death. On the more formal side of the ongoing sympathy, the SFPD chief has remarked on current investigations. He told CBS News that it was too early to determine whether it was a targeted or random attack accurately. He also indicated he was withholding some information due to ethical caution. He was confident his officers would come through on their assurance to solve the homicide.
What Does This Mean For FinTech?
If you become mayor, my companies will double their investment in San Francisco.
Such an incredible city has been used & abused by management for too long!
The tragic death of Bob Lee has gone beyond further exposing San Francisco’s crime surge. It has put MobileCoin Inc. in the spotlight. Before the news, the Frisco-based startup was relatively unknown. The last thing MobileCoin needed was sudden attention in addition to mourning one of its best brains. Undoubtedly, the tech world as a universal set is united in grief. We should, however, be concerned about the subsequent stand of the private-crypto trend. Will Bob Lee’s successor be able to follow in his mature and anodyne footsteps? We might not know it yet, but the deceased tech giant could have been FinTech’s shield card.
New footage and audio surfaced from the murder of Cash App founder Bob Lee. He passed away after being stabbed in San Francisco. Moreover, the 911 call that leaked online following his tragic passing detailed the moments right before he collapsed. “There’s a male screaming ‘help,’ saying ‘someone stabbed me,’” a dispatcher narrates in the clip. “Advised he is bleeding out. He’s outside on the street.” Moreover, video footage obtained by Daily Mail shows Lee approaching a vehicle, presumably asking for help. After the car sped off, he went to the Portside apartment building at 403 Main St.
CCTV footage showed the 43-year-old holding his phone in one hand and trying to dial the building intercom with his other. Furthermore, said attack occurred around 2:35 a.m. in the city’s Rincon Hill neighborhood according to local officials. No suspects were announced by police, so no arrests have been made, either. “[He] did comment on San Francisco deteriorating, which is why he actually had relocated to Miami,” friend Jake Shields revealed to NewsNation during an interview. “So I’m not sure why he’s going back there to get a little business back in San Francisco for a couple of days.”
New Details Emerge Surrounding Stabbing Of Cash App Founder Bob Lee
@DailyMail posted the CCTV footage showing Cash App founder Bob Lee asking for help after being stabbed, the car drove off. Then walked towards the apartment building staggering, holding his midsection and collapsing. #BobLee#SanFranciscopic.twitter.com/1t83GNNpmt
“We are not commenting on evidence nor will we speculate on the circumstances surrounding this horrific crime,” San Francisco Police spokesman Sgt. Adam Lobsinger stated via video on Thursday (April 6). “Although we will commit the necessary resources and personnel to this investigation, we want to assure everyone in San Francisco the Department is staffed and ready to respond to all calls for service.”
However, this crime caused invoked much criticism of the city’s perceived soft-on-crime policies. “This is a senseless tragedy that I know is made worse by the fact that no suspect is yet in custody,” San Francisco Supervisor Matt Dorsey tweeted. He represents the district in which the perpetrators attacked Lee. “I’ve also heard from many constituents in the area. Some of whom already voiced concerns to me about public safety challenges. I’m asking everyone to cooperate with police in their investigation, especially those with access to surveillance video that may help.” Come back to HNHH for more big updates on this story.
Shocking news is coming out of the tech world today as it was revealed that Cash App found Bob Lee was killed. According to NBC, the attack took place in San Francisco at around 2 AM on Tuesday morning. Moreover, it was revealed that San Francisco police were called to the scene as someone saw a man with stab wounds. Subsequently, they tended to the man before sending him off to the hospital. However, it was too late as the man eventually died from his wounds.
Although details on who the man was were scarce, it was eventually revealed that it was Bob Lee who had passed. For those who don’t know, Lee had founded Cash App. Additionally, he was a chief technology officer at Square but had since moved on to a new role. In fact, he was currently serving as the chief product officer at MobileCoin. For those not in the know, this is a cryptocurrency company that was trying to change the game.
Bob Lee Was 43
In this photo illustration a Cash App seen displayed on a smartphone with the Cash App logo in the background. (Photo Illustration by Thiago Prudencio/SOPA Images/LightRocket via Getty Images)
With Bob Lee passing away unexpectedly, those who knew him the best are speaking out. In a statement, the CEO of MobileCoin, Josh Goldbard, revealed how big of a loss this truly is. “Bob was a dynamo, a force of nature. Bob was the genuine article,” Goldbard said. “He was made for the world that is being born right now, he was a child of dreams, and whatever he imagined, no matter how crazy, he made real.” Clearly, Lee meant a lot to so many people.
As for the circumstances surrounding this attack, no one knows for sure what happened. The police are currently in the midst of investigating things. That said, it should also be noted that an arrest has yet to be made. Overall, this is a developing story, so stay tuned to HNHH for the latest news and updates regarding this murder. We will always keep you informed of what’s going on.
