Killer in Cash App Founder Bob Lee Stabbing Case Sentenced to 16 Years to Life

November 11 — According to CNN, a San Francisco court on Tuesday sentenced tech consultant Nima Momeni to 16 years to life in prison for 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 motion for a new trial before sentencing, and his lawyer plans to appeal. Prosecutors said Momeni was angry because Lee had introduced Momeni's sister to a drug dealer, and stabbed Lee three times with a knife, one of the blows piercing his heart. Lee later died at the hospital at age 43. Lee created the mobile payment service Cash App and was serving as chief product officer of crypto company MobileCoin at the time of his death.

Previously, in April 2023, Cash App founder Bob Lee was stabbed to death in San Francisco.