CashApp Founder Bob Lee Stabbed to Death in California

CashApp founder Bob Lee was killed in a stabbing attack in California. His death was confirmed in a statement from the cryptocurrency company MobileCoin, wherein he was the chief product officer.

PEOPLE reported that MobileCoin CEO Josh Goldbard said that Lee, 43, was survived by a loving family and a group of close friends and collaborators.

Goldbard noted that the CashApp founder was a "dynamo, a force of nature" and was "the genuine article."

"He was the quintessential creator, leader, and consummate hacker. From large contributions to Android at Google, to being the first CTO of Square, in that time creating CashApp, and working with us here at Mobilecoin, Bob surely had an impact that will last far beyond his short time on earth," Goldbard added.

CashApp Founder Killed in California

In a statement, the San Francisco Police Department said officers responded to reports of a stabbing at the 300 block of Main Street in the Rincon Hills area on April 4 at 2:35 a.m.

When they arrived, they found Bob Lee with life-threatening injuries. He was then rushed to a hospital but died from his injuries. Police said homicide detectives were still investigating the stabbing incident.

San Francisco district attorney Brooke Jenkins said on Twitter that no arrests had been made, as of Wednesday morning, adding that they do not tolerate "horrific acts of violence" in San Francisco.

The New York Times reported that the Democratic San Francisco city supervisor representing Rincon Hill, Matt Dorsey, said Lee's death was a "senseless tragedy" that "is made worse" because there was no suspect in custody over the killing.

Dorsey noted that he has been in touch with law enforcement regarding the stabbing investigation since Tuesday. He urged everyone to cooperate with the police, particularly those with access to surveillance video that may help.

Dorsey said that some constituents in the area had already voiced their concerns about public safety challenges.

Lee's father said in a Facebook post that his son recently moved to Miami and that he moved in with him after Lee's mother died in 2019.

Lee was only in San Francisco, California, for a visit , but it was unknown how long he had been in the city or where he was staying.

Lee's brother, Tim Oliver Lee, also posted on Facebook about his brother's death, saying that he was fortunate to grow up with him, adding that he feels like he lost part of himself with his death.

Bill Barhydt, the chief executive of digital financial platform Abra, said Lee was a "generous decent human being who didn't deserve to be killed."

Megan Quinn, a start-up investor, noted that Lee was "always encouraging, always upbeat." Surveillance cameras in the area captured Lee walking up on Main Street after he had been stabbed, CBS News reported.

Longtime friend Doug Dalton said he and Lee, with other friends, got together the night before he was killed.

What Is CashApp?

CashApp is a payment app that allows platform users to send, receive, and invest money. It was first launched in 2012 to compete with mobile payment apps like Venmo and PayPal.

CashApp is a financial platform. Despite not being a bank, it provides banking services such as debit cards through its bank partners, among others, as detailed by Forbes.

In addition, the platform provides investing services. It is also registered with the Securities and Exchange Commission as a broker-dealer.

Aside from sending and receiving money, CashApp users can also get a debit card and set up direct deposits.

Platform users can also invest in stocks for as little as $1. Both iOS and Android users can download the financial platform.

This article is owned by Latin Post.

Written by: Mary Webber

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