Cash App Founder Death: Police arrest tech executive suspect

The San Francisco Police have arrested a tech executive for his alleged connection in the murder of Cash App founder, Bob Lee.

The father of two, 43, was stabbed just after 2:30 a.m. April 4 in the ritzy neighbourhood of Rincon Hill and Lee allegedly knew his killer, Mission Local reported.

Police identified the suspect as Nima Momeni, 38, who appears to be the owner of an Emeryville, California-based company called Expand IT.

Momeni previously knew Lee, San Francisco Police Chief William Scott said.

“Mr. Momeni was taken into custody without incident in Emeryville and transported to San Francisco County jail and booked on a charge of murder,” Scott said at a briefing on Thursday. “Our investigators have been working tirelessly to make this arrest.”

Lee, an executive at cryptocurrency firm MobileCoin, was killed in the early morning hours on April 4 in the San Francisco neighborhood of Rincon Hillon, the San Francisco Police Department said last week.

He died after “apparent stab wounds,” the police said.