Cash App founder Bob Lee's killer sentenced to 16 years to life in prison

November 11 — According to CNN, a San Francisco court on Tuesday sentenced tech consultant Nima Momeni to 16 years to life in prison after he was convicted of fatally stabbing Cash App founder Bob Lee. In December 2024, a jury found him guilty of second-degree murder, rejecting his self-defense claim.

Momeni has been in custody since his arrest after the 2023 incident. The judge denied his request for a new trial before sentencing, and his lawyer plans to appeal. Prosecutors said Momeni was angry because Lee had introduced his sister to a drug dealer, and stabbed Lee three times with a knife, including once in the heart. Lee later died at a hospital at age 43. Lee created the mobile payment service Cash App and at the time of his death served as chief product officer of the cryptocurrency company MobileCoin.

In April 2023, Cash App founder Bob Lee was fatally stabbed in San Francisco.