San Francisco police have made an arrest in the investigation of the stabbing death of CashApp founder Bob Lee.
The Emeryville man arrested knew Lee before the April 4 fatal stabbing and has been identified as a Big Tech executive, according to reports.
Mission Local was the first to report the arrest, including revealing a man who is purported to live at the address the arrest was made.
Lee, a technology executive who created CashApp and was currently chief product officer of MobileCoin, was fatally stabbed in downtown San Francisco near the city's Embarcadero waterfront at 2:35 a.m. local time.
Lee, 43, suffered from apparent stab wounds.
"Officers rendered aid and summoned medics to the scene" but Lee died at a hospital.
Lee was fatally stabbed in the densely populated Rincon Hill neighborhood of San Francisco, near Google's office and Oracle Park, home to the San Francisco Giants. The neighborhood is a mix of offices and modern condo buildings.
His death further inflamed debate over public safety in San Francisco and its moribund downtown, which has not yet bounced back from the pandemic. Twitter's owner Elon Musk took to the social media site to post that "violent crime in SF is horrific, and even if attackers are caught, they are often released immediately" and tagged the city's district attorney.
San Francisco suffers from property crime more than violent crime such as murder, rape, robbery, and assault.
In a statement, San Francisco Mayor London Breed called the homicide "a horrible tragedy" and said the city is prioritizing public safety.
"I'm confident that when the police make an arrest in cases like this, our district attorney will do what's necessary to hold any individuals accountable for their actions," she said.
Information from The Associated Press was used in this report.
Eric Mack ✉
Eric Mack has been a writer and editor at Newsmax since 2016. He is a 1998 Syracuse University journalism graduate and a New York Press Association award-winning writer.
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