2:06 PM PT -- The SF D.A.'s Office has charged Momeni with murder with an allegation that he used a deadly weapon (knife). He faces 26 years to life in prison if convicted.
12:55 PM PT -- San Francisco Police Department confirmed Bob Lee and Nima Momeni knew each other. Momeni will be arraigned tomorrow afternoon. The SF D.A.'s Office said they are filing a motion to detain Momeni without bail due to "severe public safety risks."
Cops have arrested a man in the stabbing murder of Cash App founder Bob Lee, and the alleged suspect is a fellow tech exec.
The arrest went down early Thursday in Emeryville, CA ... near San Francisco where Lee was stabbed, this according to Mission Local, which broke the story. The outlet reported the man arrested is Nima Momeni, the founder of ExpandIT, a Silicon Valley tech start-up. TMZ has confirmed, Momeni was arrested and booked in San Francisco Thursday morning.
Law enforcement sources told the outlet, Lee and the suspect were driving together in San Francisco, in the early hours of April 4. The car was registered to the suspect, according to M.L., adding some sort of confrontation ensued in the car and continued after Lee left the vehicle.
Lee was stabbed at least twice ... and the outlet says the knife has now been recovered near the area where Lee was fatally wounded.
Cops say this was not a robbery or random crime.
Originally Published -- 8:05 AM PT