Money App creator dies in San Francisco assault

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Digital BankingFinancial savings and Funding

Many within the fintech neighborhood paid tribute to their fallen colleague.

Cash App creator dies in San Francisco attack

Picture supply: Bob Lee/MobileCoin.

Bob Lee, the creator of Sq.’s Money App, was killed within the Rincon Hill neighbourhood of San Francisco on Tuesday. In response to social media experiences, Lee was stabbed in a random act of violence. He was 43 years outdated. 

Lee served as Sq.’s CTO, made contributions to Android and had a stint at Google as a software program engineer. Most lately, he was employed as chief product officer at MobileCoin, a San Francisco-based blockchain funds startup.  

For all of his accomplishments, Lee’s legacy seems to be most carefully tied to the form of individual he was, which in line with those that knew him will be summed up as a “good individual” and pal to many.  

“For now, MobileCoin will mourn. We flip our consideration to honoring Bob’s legacy by holding his family members shut,” MobileCoin’s CEO Joshua Goldbard mentioned.

Others from the fintech neighborhood had been fast to answer the tragedy. 

Twitter Co-Founder Jack Dorsey has been silent on Twitter recently however addressed Lee’s dying on one other social media platform, Nostr. Dorsey referred to as Lee’s dying “heartbreaking,” saying that “Bob was instrumental to Sq. and Money App. STL man.” 

Elon Musk was amongst these to pay tribute to Lee, saying that he was “very sorry to listen to that” and sharing that he too has been “severely assaulted.” Musk went on to explain the violent crime in San Francisco as “horrific,” saying that “even when attackers are caught, they’re typically launched instantly.” 

He referred to as on San Francisco District Legal professional Brooke Jenkins for stronger motion. Twitter headquarters are additionally situated in San Francisco, a lot to Musk’s chagrin. 

Mayor Francis Suarez has invited Musk to maneuver Twitter’s headquarters to the South Florida metropolis, the place he says “It’s not about politics, it’s in regards to the soul of our nation.” 

Lee was strolling in what was thought of to be one in every of San Francisco’s “nicer” neighbourhoods, however crime has been escalating within the Northern California metropolis. 

Corporations have been hightailing it out of San Francisco lately for numerous causes, chief amongst which has been the crime fee. 

A 12 months in the past virtually to the day, cryptocurrency change Kraken shuttered its San Francisco headquarters. Then CEO Jesse Powell issued an announcement, revealing that “quite a few staff had been attacked, harassed and robbed on their approach to and from the workplace.” Powell declared that San Francisco was not protected and wouldn’t be with out main change. 

Emptiness charges in San Francisco have been on the rise, reaching 27 per cent final 12 months, up from 19 per cent in 2021, in line with CBRE knowledge. Town hasn’t skilled emptiness charges this excessive in many years. 

As of Wednesday, no arrests had been made in Lee’s dying.

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