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

April 13, 2023
in Crypto Updates
Reading Time: 3 mins read
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Per information outlet Mission Native, the San Francisco Police Division (SFPD) arrested a suspected linked with Bob Lee’s (43) loss of life, the creator of crypto platform Money App. Authorities arrested tech govt Nima Momeni (38) in an operation carried out in Emeryville.

Crypto Platform Money App Founder Killed By A Shut Affiliate?

Based on the report, Lee allegedly knew Momeni. Each tech executives in San Francisco, Lee was linked to a car owned by Momeni through the morning of the assault that led to his loss of life.

As Bitcoinist reported on April 4, the Money App creator was stabbed and died of his accidents. His physique was found within the 400 block of Fundamental Road within the SoMa Bay space, a area with supposedly low visitors and principally abandoned.

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

Since 2010, the tech govt has owned Increase IT, an organization devoted to “offering strong, dependable, and environment friendly expertise options.” Earlier than that, Momeni was a guide at Diablo IT and labored with different firms.

Certainly one of Momeni’s neighbors, Sam Singer, described him as “heat and welcoming.” Matt Dorsey, a member of the San Francisco Board of Supervisors, acknowledged the next on right this moment’s arrest:

I’m grateful to SFPD’s Murder Element and all of the officers from SFPD Southern and elsewhere for his or her tireless work to carry Bob Lee’s killer to justice and for his or her arrest of a suspect this morning. (…) nothing can undo this mindless crime, and we reiterate our condolences to Mr. Lee’s relations, mates and colleagues. However I hope right this moment’s arrest can start a technique of therapeutic and closure for all these touched by this tragedy.

Bitcoin BTC BTCUSDT Cash App Bob Lee
BTC’s worth tendencies to the upside on the each day chart. Supply: BTCUSDT Tradingview

Bob Lee’s Murdered Politicised By The Media?

Mission Native claims Bob Lee’s murder was “politicized” by U.S. media and others. Some imagine San Francisco has grow to be a violent metropolis “awash in crime and on a descent into additional chaos.”

Nonetheless, because the chart under reveals, violent crime within the metropolis is near its historic low and decrease than in different U.S. cities.

 

Cash App Bob Lee Crypto
Violent crime in San Francisco is near its all-time low. Supply: California Division of Justice by way of Mission Native

Lawyer and crypto proponent Collins Belton acknowledged the next on this concern and the arrest of the Money App creator’s potential killer:

if true, glad they bought this man. Shines a fairly ugly gentle on many in SV (Silicon Valley) racing to politicize this man’s loss of life. (…) as somebody who has lived in SF, I’ve at all times recognized a lot of the narrative is overblown. There are legit points, however once I see folks evaluating the violence in SF (San Francisco) with like Mogadishu, its too far.

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