This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
San Francisco police have reportedly arrested a fellow tech executive in connection with the fatal stabbing of Cash App founder Bob Lee.
Lee, 43, died in San Francisco General Hospital on Tuesday 4 April after being stabbed in the Rincon Hill neighbourhood of San Francisco.
Police have not yet confirmed the identity of the suspect, but the Mission Local news site reports that the person worked in the tech industry and was known to Lee.
Lee, the chief product officer at MobileCoin, had been visiting San Francisco for a tech conference from Miami when he was found with fatal stab wounds on outside a luxury high rise apartment on Main St.
According to the Mission Local, police believe Lee and the suspect had been in a car together in the early hours of 4 April when a fight broke out between the pair.
Citing police sources, the news site alleges that the tech exceutive stabbed Lee twice outside the vehicle, and responding officers recovered a knife nearby.
Lee’s murder was seized on by high-profile members of San Francisco’s tech community including Elon Musk as another expample of the city’s drug-fueled crime epidemic.
But according to reports, the fatal attack was not a robbery or a random mugging.
The suspect was reportedly arrested at an address in Emeryville, a city in the Bay Area, early on Thursday.
The San Francisco Police Department did not immediately respond to a request for comment by The Independent.
City officials last week slammed the “politicisation” of Lee’s murder.
San Francisco Mayor London Breed also warned against “jumping to conclusions” over Lee’s death.
“When some of the facts of many of these cases come out, people are going to be surprised,” Ms Breed told ABC News.
Lee’s final tragic moments as he stumbled, mortally wounded, down Main St in in search of help were captured on surveillance footage.
The father of two reportedly attempted to flag down a motorist in a parked Toyota Camry, lifting his shirt to show the extent of his injuries, but the driver fled instead of rendering care.
In a 911 call lodged at 2.34am, Lee reportedly said “someone stabbed me”. Police and medics arrived about six minutes later.
He was rushed to San Francisco General Hospital where he died soon afterwards.