Cash App

Police: Tech Exec Nima Momeni Murdered Cash App Founder Bob Lee, Has a Record of Knife Crimes

San Francisco police arrested tech entrepreneur Nima Momeni under suspicion of murder in connection with the stabbing death of CashApp founder Bob Lee. According to the police, Momeni has a record including several crimes involving a knife. Momeni and Lee were reportedly traveling through the city in Momeni’s car before the incident occurred in the middle of the night last Thursday.

Bob Lee stabbed to death in San Francisco

Jack Dorsey’s Block Suffers Plummeting Share Price Amid Claims It Enabled Fraud, Inflated User Stats

Former Twitter CEO Jack Dorsey’s payment processing firm Block suffered a stock price drop of 15 percent this week after claims by Hindenburg Research that the company has facilitated fraud and inflated its user numbers. Researchers were reportedly able to set up a Cash App account in the name of former President Donald Trump, and even secure a Cash App card with his name on it.

Jack Dorsey at Bitcoin conference ( Joe Raedle /Getty)