Founder of Cash App fatally stabbed in San Francisco amid rising violent crime

Bob Lee, the founder of Cash App and former chief technology officer at Square, has been fatally stabbed near San Francisco city centre on Tuesday, according to his family. The 43-year-old man was found by police with stab wounds and later died in hospital.

San Francisco officials have been criticized for their handling of the wave of violent crime in recent years. According to data from the Hoover Institution, a policy research think tank, residents in the city face a 1-in-16 chance of being a victim of property or violent crime each year, making it more dangerous than 98% of US cities.

Homicides have been a particular issue for San Francisco since the pandemic began. In 2021 and 2022, there were 56 homicides in the city, and preliminary police data shows there have been 12 homicides so far in 2023.

The police have yet to identify a suspect in Bob Lee’s case, and no arrests have been made in the ongoing investigation. San Francisco district attorney Brooke Jenkins tweeted a tip line number and emphasized that the city does not tolerate such acts of violence. San Francisco Mayor London Breed issued a statement calling Lee’s homicide a “horrible tragedy” and assuring residents that public safety was a top priority for the city.

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