Tech Exec Arrested In Connection With Cash App Creator’s Bob Lee Death |


Per news outlet Mission Local, the San Francisco Police Department (SFPD) arrested a suspected connected with Bob Lee’s (43) death, the creator of crypto platform Cash App. Authorities arrested tech executive Nima Momeni (38) in an operation conducted in Emeryville.

Crypto Platform Cash App Founder Killed By A Close Associate?

According to the report, Lee allegedly knew Momeni. Both tech executives in San Francisco, Lee was connected to a vehicle owned by Momeni during the morning of the attack that led to his death.

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As Bitcoinist reported on April 4, the Cash App creator was stabbed and died of his injuries. His body was discovered in the 400 block of Main Street in the SoMa Bay area, a region with supposedly low traffic and mostly deserted.

The police found no traces of robbery nor believed this was part of a “random attack.” These clues led them to Momeni. The suspect’s LinkedIn profile describes him as an IT Consultant and Entrepreneur. Momeni has been in the tech, finance, healthcare sector, and start-ups since 2005.

Since 2010, the tech executive has owned Expand IT, a company dedicated to “providing solid, reliable, and efficient technology solutions.” Before that, Momeni was a consultant at Diablo IT and worked with other companies.

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One of Momeni’s neighbors, Sam Singer, described him as “warm and welcoming.” Matt Dorsey, a member of the San Francisco Board of Supervisors, stated the following on today’s arrest:

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I’m grateful to SFPD’s Homicide Detail and all the officers from SFPD Southern and elsewhere for their tireless work to bring Bob Lee’s killer to justice and for their arrest of a suspect this morning. (…) nothing can undo this senseless crime, and we reiterate our condolences to Mr. Lee’s family members, friends and colleagues. But I hope today’s arrest can begin a process of healing and closure for all those touched by this tragedy.

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Bob Lee’s Murdered Politicised By The Media?

Mission Local claims Bob Lee’s homicide was “politicized” by U.S. media and others. Some believe San Francisco has become a violent city “awash in crime and on a descent into further chaos.”

However, as the chart below shows, violent crime in the city is close to its historic low and lower than in other U.S. cities.

Violent crime in San Francisco is close to its all-time low. Source: California Department of Justice via Mission Local

Lawyer and crypto proponent Collins Belton stated the following on this issue and the arrest of the Cash App creator’s potential killer:

if true, glad they got this guy. Shines a pretty ugly light on many in SV (Silicon Valley) racing to politicize this guy’s death. (…) as someone who has lived in SF, I’ve always known much of the narrative is overblown. There are legit issues, but when I see people comparing the violence in SF (San Francisco) with like Mogadishu, its too far.

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Author: Reynaldo Marquez

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