Main page » Crypto News » IT Consultant Arrested in San Francisco for Allegedly Killing CashApp Founder Bob Lee (Report)
Crypto News

IT Consultant Arrested in San Francisco for Allegedly Killing CashApp Founder Bob Lee (Report)

Nima Momeni, a 38-year-old tech-consultant and entrepreneur, has been detained by San Francisco law enforcement agents for allegedly murdering Bob Lee, the founder of CashApp, which allows users to buy and sell Bitcoin. Lee was stabbed to death in the Rincon Hill neighborhood last week. Prominent individuals, including Elon Musk, have criticized San Francisco for the violence in the city.

The Case is Still Under Investigation

According to the Los Angeles Times, the San Francisco police have taken Nima Momeni into custody for Bob Lee’s murder on April 4. Prosecutors alleged that he used a knife without disclosing the motive behind the gruesome act. The investigation is still ongoing, and Momeni purportedly exhibited strange behavior in the days following the incident. One of his neighbors reported that he appeared “really unsettled” and asked him to move to Colombia together.

Momeni was previously charged with driving with a suspended license in 2011 and selling a switchblade knife but pleaded not guilty. His death has sparked criticism of San Francisco’s high crime rate, with Elon Musk maintaining that local authorities are not harsh enough on criminals and often release them immediately following offenses.

San Francisco Police Chief Bill Scott believes that the murder of CashApp’s founder could have occurred in any other location since he knew the suspect. San Fransisco District Attorney Brooke Jenkins called Musk’s comments “reckless and irresponsible,” saying that they could negatively impact the pursuit of justice for victims of crime.

Other Recent Deaths in Crypto

The death of Tiantian Kullander, co-founder of the crypto firm Amber Group, who passed away in his sleep at the age of 30 in November last year, is an example. His organization took a major punch during the bear market, mainly due to its relation to the collapsed exchange FTX. Amber Group laid off around 10% of its total employees in September and continued the spree in December.

Vyacheslav Taran, a 53-year-old Russian billionaire crypto businessman, died after the helicopter he was traveling in crashed in Switzerland. Co-founder of MakerDAO, Nikolai Mushegian, also drowned at sea in San Huan, Puerto Rico, after swimming in a highly dangerous area.