Bob Lee, the chief product officer at cryptocurrency startup MobileCoin and founder of Cash App, was fatally stabbed, and Nima Momeni, a tech consultant and entrepreneur, has been charged with murder in connection with the incident. According to an anonymous source, Lee and Momeni were in a car with friends when Momeni became upset with Lee, blaming him for someone in the group consuming too much alcohol. Lee and Momeni were reportedly part of the same friend group but did not know each other well. The motive for the murder has not been disclosed, and the case is still under investigation.
Bob Lee previously held leadership roles at Square, which has since been renamed Block, and founded Cash App in 2013. He was in San Francisco to spend time with friends after a MobileCoin leadership summit when he was killed.
Momeni owned a business called Expand IT, which provided tech services to clients in various industries. He had previous legal charges, including driving with a suspended license and selling a switchblade knife in 2011, and a charge of driving under the influence of alcohol in 2004. However, neighbors and colleagues described him as a young man with aspirations of running his own business and expressed shock and disbelief at the murder charges.
Lee’s brother, Tim Lee, expressed gratitude to the San Francisco Police Department for the swift arrest of the suspect and shared that the family is beginning the healing process with support from friends, family, and the community.
As the investigation into the murder of Bob Lee continues, further details may emerge to shed light on the motive and circumstances surrounding the tragic incident.