The San Francisco Police Department has made an arrest in connection with the fatal stabbing of tech executive Bob Lee, an independent local news site said Thursday.
Police had a warrant to arrest Nima Momeni in Emeryville, some 11 miles east of San Francisco, Mission Local reported, adding that the two men allegedly knew each other.
Lee was an early executive at Square, now called Block Inc.
SQ,
and created the company’s Cash App mobile wallet. He was killed last Tuesday in predawn hours in the city’s Rincon Hill neighborhood.
Supervisor Matt Dorsey, whose district includes the area, praised the police action on Twitter.
San Francisco Police spokespeople did not immediately return a MarketWatch request for comment, and the department has not issued any statements about the arrest.
This post was originally published on Market Watch
