(ConcernedPatriot.com) – Bob Lee, the creator of the Cash App, also the Chief Product Officer of MobileCoin, was fatally stabbed in San Francisco, California.
The San Francisco Police Department reported they discovered Lee with several fatal stab wounds on Tuesday at 2:35 a.m.
Lee was immediately taken to the hospital, where he was eventually declared dead.
It was also interesting to learn that a new report from Hindenburg Research, a short seller investment firm, released Thursday has accused Block — the company formerly known as Square, founded by Jack Dorsey — of allowing crime and fraud to “run rampant” on its peer-to-peer payment app, Cash App.
The report alleged that Block inflated its customer growth, allowed fake accounts to thrive, and dodged revenue regulations — an accusation that triggered a Securities Exchange Commission (SEC) investigation.
Hindenburg claims it was able to open fake accounts on Cash App under the names Donald Trump and Elon Musk.
“Former employees estimated that 40%-75% of accounts they reviewed were fake, involved in fraud, or were additional accounts tied to a single individual,” Hindenburg said.
Block called the report “factually inaccurate” in a statement and said it is complying with the SEC and exploring legal action against Hindenburg. The immediate impact was a 15% drop in Block’s stock price.
Cash App founder randomly stabbed to death. A week after a report alleged Cash App fraudulent activity and made their stock dip. 🧐🤔 pic.twitter.com/frlKRPfd0e
— Shoboat (@Shobeezy) April 5, 2023
“Bob was a force of nature”, according to the CEO of MobileCoin.
“He aided in developing Android and the Cash App on our planet.”
SAN FRANCISCO — Bob Lee, Cash App creator and former CTO of Square, was reportedly killed in a stabbing on Tuesday morning.
No arrests have been made. pic.twitter.com/w32FIEDxfx
— Citizen Free Press (@CitizenFreePres) April 5, 2023
NBC News claims:
“A man who was fatally stabbed early Tuesday near downtown San Francisco was tech executive Bob Lee, the founder of Cash App and former chief technology officer of Square, sources told NBC Bay Area.
The San Francisco Police Department said officers responded to a stabbing report at around 2:35 a.m. Tuesday. They found a 43-year-old man with apparent stab wounds, police said.”
Democratic politicians in San Francisco are more concerned about commemorating Transgender Day of Visibility as the murder rate rises.
As home to the first official Transgender Cultural District in the world, San Francisco celebrates all trans and non-binary people everywhere while combating disinformation, discrimination and hate, today and everyday. #TransDayOfVisibility pic.twitter.com/xT4eS5b27j
— Mayor’s Office of Housing & Community Development (@sfmohcd) March 31, 2023
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