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California Tech Owner Arrested For Murder After Cash App Founder Stabbed, Authorities Announce

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Courtesy Facebook.com/SFSheriff; Mega

Apr. 13 2023, Published 1:27 p.m. ET

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A tech industry “entrepreneur” was arrested Thursday morning on charges of murdering Bob Lee, the founder of Cash App.

Mission Local reported Nima Momeni was taken into custody in the San Francisco suburb of Emeryville, California.

Jail records reviewed by Front Page Detectives confirm Momeni is held on murder charges. He is held without bond.

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Momeni calls himself on LinkedIn an entrepreneur who has owned ExpandIT in the Bay Area since 2010. He describes the company as “a dedicated technology partner since 2005.”

Lee, 43, called 911 after he was stabbed on a sidewalk April 4. KGO-TV reported he was wounded twice in the chest, and collapsed while walking toward a police car.

The New York Post reports Lee was unconscious when an ambulance arrived, and he died at a hospital.

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While Lee became an online success with Cash App, he also was an executive with the cryptocurrency site MobileCoin.

One of Lee's friends, mixed martial arts athlete Jake Shields, said Lee told him recently about moving to Miami because San Francisco was “deteriorating.”

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