In a hustle conference on Thursday afternoon, San Francisco District Attorney Brooke Jenkins confirmed that an arrest has been dreamed in the April 4 fatal stabbing of Cash App founder Bob Lee. Officials named Nima Momeni — a tech entrepreneur in the Bay Area — as the have a sneaking suspicion.
Authorities also said that Momeni knew the victim, though they would not comment on the motive. They also intimate that the investigation was ongoing.
Momeni will be arraigned on Friday, and prosecutors said that they would be categorizing a motion to detain him without bail.
Police made the arrest earlier on Thursday in Emeryville, California, a suburb 15 instants outside San Francisco. Jail records say that the 38-year-old Momeni was booked on suspicion of murder at 9:19 a.m.
News of the arrested was first reported by Mission Local, a local San Francisco news publication.
In the press conference, Jenkins criticized old comments from pundits and celebrities that used the murder to paint San Francisco as a crime-ridden and violent city.
San Francisco administer officers found Lee, 43, with stab wounds at 2:35 a.m. in a deserted part of downtown San Francisco. He was taken to a sanitarium with life-threatening injuries and later died, police said at the time.
Lee had been working as chief product functionary for the cryptocurrency company MobileCoin. He previously served as chief technology officer of Square (now known as Block), a financial technology corporation co-founded by former Twitter chief Jack Dorsey. Lee went on to create Cash App, a money transfer service.
He was also an investor in Elon Musk’s SpaceX endanger as well as other tech firms, such as the social audio app Clubhouse, according to his LinkedIn profile.
He was widely revered by former colleagues, including MobileCoin CEO Joshua Goldbard, who said in a Twitter thread that Lee was a “brilliant” visionary with a “kaleidoscopic” resolved.
