According to confirmed reports, authorities have arrested Nima Momeni, an IT tech company owner, for the stabbing death of CashApp founder Bob Lee.

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An arrest warrant was issued for Momeni in the April 4 stabbing of Lee in San Francisco after it was revealed that Lee and the Expand IT owner were driving in a car registered to the alleged assailant when a physical confrontation occurred between the two men. A knife was discovered not far from the scene, which police believe Momeni used to stab Lee.

Police say that the stabbing was not a robbery ora random crime.


No further information has been released about the incident, but will update this story as more details develop.