The San Francisco tech community was rocked by the news of the tragic death of Bob Lee, the founder of Cash App and former CTO of Square. Lee was stabbed to death early Tuesday morning near downtown San Francisco, in the city’s Rincon Hill neighborhood. According to sources who spoke with KPIX, Lee was the victim of the stabbing.
Officers responded to a report of a stabbing at around 2:35 a.m. on Tuesday and found Lee at the scene. He was taken to a nearby hospital but unfortunately succumbed to his injuries. The city’s medical examiner’s office had not yet identified the victim as of Tuesday evening, but friends of Lee told KPIX that he was the victim.
Lee was a well-known figure in the tech industry, having founded the popular Cash App, a mobile payment service. He was also the Chief Product Officer of San Francisco-based cryptocurrency startup MobileCoin. On Twitter, many people paid tribute to Lee and expressed their condolences to his family and loved ones.
The San Francisco Police Department has called on anyone with information about the stabbing to come forward. As of now, no arrests have been made, and the investigation is ongoing.
This tragic incident is a reminder of the rising crime rates in San Francisco. According to the crime dashboard, there have been 12 homicides since the start of 2023, compared to 10 at this time last year. The city reported 56 homicides in both 2021 and 2022, up from 48 in 2020.
The tech community in San Francisco is mourning the loss of one of their own. Bob Lee’s contributions to the industry will not be forgotten, and his legacy will continue to inspire others in the tech community. The investigation into his death is ongoing, and we will continue to follow this story and provide updates as they become available.
As of writing, MOB price has decreased by 6% following the news, with MOB currently trading at $1.5 USD according to CoinMarketCap.
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This article was republished from azcoinnews.com
