Cointime

Cointime

Download App
iOS & Android

Arrest Made in Stabbing Death of Cash App Founder Bob Lee, Suspect and Victim Reportedly Knew Each Other

Cointime Official

April 14 (Cointime) - According to a CNBC report, San Francisco District Attorney Brooke Jenkins confirmed in a press conference on Thursday that an arrest has been made in the fatal stabbing of Cash App founder Bob Lee on April 4.

San Francisco police officers found Lee, 43, with stab wounds in a deserted part of downtown San Francisco early in the morning. He was taken to a hospital with life-threatening injuries and later died.

The suspect is Nima Momeni, a tech entrepreneur in the Bay Area. Authorities said the two men knew each other, but they would not comment on the motive. The investigation is ongoing, and Momeni will be arraigned on Friday.

Police arrested Momeni on Thursday in Emeryville, California, and he was booked on suspicion of murder. Prosecutors plan to file a motion to detain Momeni without bail. News of the arrest was first reported by Mission Local, a local San Francisco news publication.

In the press conference, Jenkins criticized early comments from pundits and celebrities that used the murder to portray San Francisco as a crime-ridden and violent city.

Comments

All Comments

Recommended for you

  • FTC Requests Documents from Anthropic and OpenAI

    On October 15, according to Axios: The U.S. Federal Trade Commission (FTC) has requested documents related to the incident from Anthropic and OpenAI. The FTC issued a civil subpoena to the AI companies on Wednesday.

  • Cook: Apple AI Approved in China, Testing Version Launching Late October

    On October 15, Apple CEO Tim Cook revealed in an interview in Shanghai that Apple AI has been approved in China. A testing version will be launched later in October, featuring initial functions such as real-time translation, writing assistance, and image removal, while Siri AI will not be included.

  • UBS: Fed Expected to Raise Rates for the Third Time in March 2027

    On October 15, UBS stated that it expects the Federal Reserve to implement its third rate hike in March 2027, revising its previous forecast that the rate hike cycle would conclude in December.

  • BTC Surpasses $81,000

    Market data shows that BTC has surpassed $81,000, currently priced at $81,002, with a 24-hour decline of 2.94%. The market is experiencing significant volatility, so please ensure proper risk management.

  • US Spot Bitcoin ETF Sees $261.4 Million Net Outflow Yesterday

    On October 15, according to monitoring data from Farside Investors, the US spot Bitcoin ETF experienced a net outflow of $261.4 million yesterday.

  • Over $476 Million Liquidated in the Last Hour, Primarily Long Positions

    Data shows that in the past hour, a total of $476 million was liquidated across the network, with long positions accounting for $457 million and short positions for $19.7945 million, primarily affecting long positions. Among these, $200 million in ETH and $116 million in BTC were liquidated.

  • ETH Falls Below $2400

    Market data shows that ETH has fallen below $2400, currently priced at $2395.62, with a 24-hour decline of 4.47%. The market is experiencing significant volatility, so please ensure proper risk management.

  • BTC Drops Below $81,000

    Market data shows that BTC has fallen below $81,000, currently priced at $80,989.9, with a 24-hour decline of 2.87%. The market is experiencing significant volatility, so please ensure proper risk management.

  • US Considers Easing Sanctions on Shadow Fleet to Lower Shipping Rates

    On October 15, a US official stated on Wednesday that the Trump administration is considering easing sanctions on vessels known as the 'shadow fleet.' These ships have previously transported oil and petroleum products from countries such as Russia, Iran, and Venezuela. This move aims to reduce the currently historically high global shipping rates. Shortly before this, President Trump had temporarily lifted sanctions on Russian diesel, a decision that drew strong criticism from Ukrainian President Zelensky, several European governments, and some Republican senators. The US official revealed that current discussions focus on whether the US will allow previously sanctioned vessels to transport 'legitimate oil.' Here, 'legitimate oil' refers to crude oil or petroleum products not subject to US sanctions, rather than oil from Russia and Iran that is under sanctions. The official stated that this move aims to facilitate the export of more refined products and crude oil from the Gulf region.

  • Dollar Index Erases All Gains Since CPI Report Release

    On October 15, the Dollar Index (DXY) slowly declined in the Asian session, completely erasing all gains since the release of the U.S. September CPI data yesterday (which had peaked with a cumulative increase of about 70 points), now reported at 102.16. The British Pound against the U.S. Dollar (GBP/USD) and the Euro against the U.S. Dollar (EUR/USD) both rose about 0.3%, currently reported at 1.3231 and 1.1197, respectively. (Jin10)

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company