San Francisco Supervisor Aaron Peskin tells CNBC that an arrest has been made within the April 4 deadly stabbing of Money App founder Bob Lee.

Earlier on Thursday, native San Francisco information outlet Mission Native reported that police went to Emeryville, California, with a warrant to arrest a suspect within the case. Each Mission Native and the San Francisco Chronicle have named Nima Momeni because the suspect. He’s a tech entrepreneur within the Bay Space, in keeping with his LinkedIn profile and experiences.

Jail data say that the 38-year-old Momeni was booked on suspicion of homicide at 9:19 a.m. on Thursday.

In line with media experiences, the suspect knew Lee.

Peskin individually advised NBC Bay Space that the San Francisco Police Division arrested a person in Emeryville, a suburb of town, and that “apparently” the homicide was “not a random act,” however supplied no additional particulars. The police division is anticipated to carry a information convention with extra particulars later Thursday.

San Francisco cops discovered Lee, 43, with stab wounds at 2:35 a.m. in a abandoned a part of downtown San Francisco. He was taken to a hospital with life-threatening accidents and later died, police mentioned on the time.

Lee had been working as chief product officer for the cryptocurrency firm MobileCoin. He beforehand served as chief expertise officer of Sq. (now often called Block), a monetary expertise firm co-founded by former Twitter chief Jack Dorsey. Lee went on to create Money App, a cash switch service.

He was additionally an investor in Elon Musk’s SpaceX enterprise in addition to different tech companies, such because the social audio app Clubhouse, in keeping with his LinkedIn profile.

He was broadly praised by former colleagues, together with MobileCoin CEO Joshua Goldbard, who mentioned in a Twitter thread that Lee was a “sensible” visionary with a “kaleidoscopic” thoughts.

— NBC Bay Space contributed reporting to this text.