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Defendant in Cash App founder's death found guilty of second-degree murder

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Defendant in Cash App founder's death found guilty of second-degree murder

A San Francisco jury found Nima Momeni, the man accused of killing Cash App founder Bob Lee last year, found guilty of second-degree murder Tuesday.

Momeni was found not guilty of first-degree murder. The verdict was read out in San Francisco Superior Court on Tuesday morning local time. 

The jury reached their verdict Monday afternoon after seven days of deliberations. He faces 16 years to life in prison.

Prosecutors alleged that Momeni, 40, a self-described tech entrepreneur, stabbed Lee three times with a knife he took from Momeni’s sister’s kitchen set in April 2023.

14 DETAINED IN ARMED AURORA, COLORADO HOME INVASION ARE LIKELY ILLEGAL GANG MEMBERS: POLICE

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Nima Momeni, left, was accused of fatally stabbing Cash App founder Bob Lee, right. (Nima Momeni/LinkedIn, Bob Lee/Facebook)

After the verdict was read, Momeini gave no visible reaction, though one of his attorneys put a hand on his shoulder, according to KTVU’s Henry Lee, who was inside the courtroom as the verdict was read.

Bob Lee’s brother, Oliver Lee, praised prosecutors at a press briefing immediately afterward. 

“I think it was a very difficult case to prove in this day and age and I think [prosecutors were] up against the wrath of lawyers and a very high-powered defense team that was very expensive and very media friendly… and I think they did a great job,” Oliver Lee said. 

He said he wished that the jury had come back with first-degree murder, but conceded: “It is what it is.” 

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“I know for a fact I’m never going to have my brother back, but this is the best of all worst of outcomes, right? So this is where we are today,” Oliver Lee said.

Asked about how he felt when the verdict was read out, Oliver Lee said: “I thought I was having a heart attack.”

Momeni’s mother, Mahnaz Tayarani Babai, who attended every day of the trial, said defiantly that her son plans to appeal the decision.  

“I know my son and he never does (sic) that,” she said. “But this is not a fair trial and we will stand and we will continue. We are strong. We have been in difficult times together.”

Nima Momeni, the man charged in the fatal stabbing of Cash App founder Bob Lee, is seen walking.

Nima Momeni, the man charged in the fatal stabbing of Cash App founder Bob Lee, makes his way into the courtroom for his arraignment in San Francisco on May 2, 2023. (Gabrielle Lurie/San Francisco Chronicle via AP, Pool, File)

San Francisco District Attorney Brooke Jenkins praised her prosecutors and said that the case was about two men in a private fight and not about the general crime rates in San Francisco.

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She noted that Elon Musk had drawn nationwide attention to the killing at the time and connected it to crime in the city.

“After Bob Lee was murdered, Elon Musk took to Twitter to make an effort to really shame San Francisco and to make it seem like this was about lawlessness in San Francisco and about what’s going on in our streets,” Jenkins said.

“And we knew it was something different. And I think today proved once again that we are a city committed to accountability. We are a city committed to public safety, and that when something bad happens, which we can’t always control, that law enforcement at every level will respond to make sure that there is justice and accountability in each and every situation.”

SURVEILLANCE VIDEO SHOWS CASH APP FOUNDER USING KNIFE TO SNORT COCAINE BEFORE DEATH, DEFENSE ALLEGES

Prosecutors claimed that Momeni planned and carried out the killing after hearing that the Cash App founder had introduced Momeni’s sister to a drug dealer who she says gave her GHB (Gamma-Hydroxybutyric acid) and other drugs before sexually assaulting her at his apartment. GHB acts as a nervous system depressant.

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Momeni lured Lee to an isolated spot by the Bay Bridge where he stabbed him before driving away in his car, prosecutors said. The prosecution said Lee’s blood was found on the blade and that Momeni’s DNA was found on the handle, per KTVU FOX 2.

Bob Lee's ex wife, Krista Lee, is embraced by Rick Lee, Bob Lee's father

Bob Lee’s ex wife, Krista Lee, is embraced by Rick Lee, Bob Lee’s father, at the Hall of Justice following Nima Momeni’s murder trial, on Dec. 17, 2024, in San Francisco.  (AP Photo/Benjamin Fanjoy)

Momeni’s defense attorney said that he stabbed Lee in an act of self-defense as he tried to fend off an attack by Lee, who snapped over a bad joke. They say Lee was on a multi-day cocaine and alcohol bender and attacked Momeni with the knife over the joke, forcing Momeni to defend himself.

He testified during trial that Lee later walked away, showing no signs he was injured. 

Attorneys for Momeni played bombshell surveillance video during closing arguments that they say shows Lee using a knife to snort cocaine hours before his death. They argued it was the same knife that Lee used to confront their client over the joke which led to the altercation.

Momeni testified he stopped his car after going over a pothole that caused Lee to spill the beer he was holding. Momeni said he then cracked a joke suggesting Lee should spend the last night of his visit with family instead of trying to find a strip club to keep the party going.

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That’s when he says Lee pulled out the knife from his jacket pocket and attacked.

Oliver Lee, the brother of Bob Lee, speaking outside court

Bob Lee’s brother, Oliver Lee, praised prosecutors at a press briefing immediately afterward.  (AP Photo/Benjamin Fanjoy)

Surveillance video showed the two men leaving the condo of the defendant’s sister, Khazar Momeni, around 2 a.m. on April 4, 2023, and getting into Momeni’s BMW.

Other surveillance footage showed them getting out of the car near the Bay Bridge, where the stabbing took place. 

Lee was found staggering on a deserted downtown San Francisco street at 2:30 a.m., dripping a trail of blood and calling for help. He later died at a hospital.   

Lee lived in Miami but was visiting the Bay Area when he was killed.

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“I made a bad joke. I said if it was my last night in town, I’d go hang out with my family instead of f—— around in strip clubs. It set him off. He just blew up in front of me. He went from zero to one hundred. He was very angry,” Momeni said, according to KRON. 

Nima Momeni sobs as he is found guilty of the murder of Cash App founder, Bob Lee

A courtroom sketch depicts Nima Momeni blotting his eyes as the verdict is read in on Dec. 17, 2024. Momeni was found guilty of second degree murder in the 2023 stabbing death of Cash App founder, Bob Lee.  (Vicki Behringer)

 

However, the prosecution has mocked Momeni’s story, pointing out that he never called police to report Lee’s alleged attack or even after he learned Lee had died of stab wounds on the street where he had last seen him. 

Lee created the mobile payment service Cash App in 2013 while he was working at Block, formerly known as Square. The app is a digital wallet which allows users to send, receive or save money. 

Fox News’ Greg Norman and The Associated Press contributed to this report.

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Wyoming

Wyoming deploys $76.7M in ARPA funds for community projects

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Wyoming deploys .7M in ARPA funds for community projects


CHEYENNE, Wyo. — Wyoming’s allocation of American Rescue Plan Act funds has been fully committed, the state announced in a release.

Wyoming received nearly $1.1 billion from the federal ARPA of 2021. Of that amount, approximately $584 million was used to replace revenue lost as a result of the economic downturn caused by the effects of the COVID-19 pandemic. One impact of the downturn was that, for the first time in the state’s history, there was a period of time when no oil and gas drilling rigs were operating in Wyoming.

Most of the revenue replacement funds were used within the Department of Health and Department of Corrections to conserve the General Fund dollars appropriated to them, ensuring the state had a sustainable approach to its operations during the economic downturn.

Some of those General Fund dollars were also put into permanent savings, which will generate income to the benefit of Wyoming taxpayers for future generations.

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“The ARPA funds appropriated by the Federal government will be paid for by our children and grandchildren,” Gov. Mark Gordon said. “It is fitting that we use those funds at a state level to reduce the potential tax burden of Wyoming’s current and future taxpayers.”

ARPA funds can only be used for certain purposes as determined by the federal government, including the requirement of a nexus to direct impacts of the pandemic. The Wyoming Legislature appropriated the remaining ARPA funds for support of mental health, healthcare, infrastructure and water and sewer projects.

These funds were granted through state agencies. In addition, all proposed projects were reviewed by the State Budget Department, in consultation with an audit firm, and the Office of the Attorney General to assure compliance to the extent practical with federal and state law and regulations.

In addition, $13.7 million was conditionally approved by the State Land and Investment Board for inflationary costs for approved Health and Human Services–related projects during the 2023 General Session through 2023 House Bill 0195.

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San Francisco, CA

San Francisco Developer Unveils Plans for New 22-Story Ocean Beach Project | KQED

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San Francisco Developer Unveils Plans for New 22-Story Ocean Beach Project | KQED


While the developers claim that the proposed project “exceeds” AB 2011’s standards, the application is still under review to determine if it qualifies for the expedited approval process granted by the law.

Sider noted that the proposal “hasn’t yet been assessed for Code compliance, but we remain hopeful that the project will be thoughtfully designed and adhere to all regulations.” He added that the location “has always been an ideal spot for new housing.”

The original plan for a 50-story, 712-unit high-rise was met with fierce opposition from city planners, residents and Supervisor Joel Engardio, who represents the Sunset District, where the site is located.

Engardio called the initial proposal a “middle finger to the city” and dismissed it as a plan “no one would take seriously.”

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Although the new proposal significantly reduces the building’s height, with only 22 stories, Engardio remains critical.

“Twenty-two stories is still far beyond what’s reasonable,” he said in an interview. “We need to stop dreaming up massive skyscrapers at the beach and focus on real housing that will meet the needs of real families.”

Engardio pointed out that the Coastal Commission will need to weigh in on the project and criticized the developers for not adhering to the Sunset District’s current zoning laws, which limit building heights to 10 stories.

“We need more housing for seniors and families in the Sunset and throughout San Francisco,” Engardio said. “But no one wants Ocean Beach to turn into Miami Beach.”





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Denver, CO

Alexandar Georgiev reflects on trade, his time with Avalanche: “A lot of positivity”

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Alexandar Georgiev reflects on trade, his time with Avalanche: “A lot of positivity”


SAN JOSE — Alexandar Georgiev was traded on a Monday and he was in net for his new team barely more than 72 hours later.

It’s just a blur of logistics and text messages for anyone who gets traded in the middle of an NHL season. So much to figure out in such a short period of time.

Georgiev spent two-plus seasons as the starting goaltender for the Colorado Avalanche. Then, in an instant, he wasn’t. During all of the welcomes, goodbyes and “OK, what do I need to focus on next?” conversations, Georgiev did have some time to reflect on what just happened.

“I thought about it the evening after I got traded,” Georgiev told The Denver Post on Wednesday, a day before his new team, the San Jose Sharks, will face his former club. “The number that stood out for me was probably 95 wins in two years and two months. That’s a lot of good hockey.”

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The Avalanche acquired Georgiev shortly after winning the Stanley Cup in 2022. Colorado has an established pattern of not expending a lot of salary cap space on its goaltenders, so after Darcy Kuemper helped the club to a championship and earned a big contract, it was with someone else.

The Avs signed Georgiev to a three-year contract. For the first two seasons, he provided a strong return on investment. Great first season, up-and-down second year, but a strong finish during the 2024 Stanley Cup Playoffs.

Then, in his contract year, things went off the rails. Georgiev started poorly, improved his play and then had more stumbles. His last two starts for the Avs were a snapshot of this season — pulled in the first period in Buffalo, then lights-out great in Detroit.

Colorado overhauled the positions in 10 days, first trading backup Justus Annunen for Scott Wedgewood, then flipping Georgiev, Nikolai Kovalenko and a second-round pick to San Jose for Mackenzie Blackwood and Givani Smith.

“Yeah, honestly not too much emotions, I would say,” Georgiev said. “It just happened. Management just made decisions. You do your job. They do theirs. You have to accept it.

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“Obviously I was planning to keep going, to help get us in a playoff spot and fight for the (Stanley) Cup. But this is how it developed and I’m excited for a new chapter here.”

When the Avs made the second trade, Georgiev was ranked 79th out of 80 goaltenders in goals saved above expected, according to Money Puck. He has shown the ability to snap back from a deep funk before — just refer to the end of last season and Game 1 of the playoffs in Winnipeg, followed by his work the rest of that postseason. But Colorado’s decision-makers decided it was time to move on.

Georgiev has made two starts for the Sharks — a win in St. Louis three days after the trade, and a last-minute loss Tuesday night to Winnipeg.

“(Georgiev) has been good,” Sharks coach Ryan Warsofsky said. “He competes in there. He’s quick. I think he made some big saves when we needed them (Tuesday night). They had some really good chances before the tying goal and they could have easily gone up earlier than that. I thought he gave us a chance to win.”

This will be a new challenge for Georgiev. The Sharks have rebounded from a horrible start and appear to have a young, fun team on the rise. But that rise isn’t really expected to kick into high gear for another year or two. There are probably going to be some long nights and a lot of shots to face.

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They also have a clear-cut goalie of the future. Yaroslav Askarov, just up from the AHL, was sitting about 15 feet to Georgiev’s left in the Sharks’ locker room after practice. Also in the room was Evgeni Nabokov, one of the greatest Russian goalies ever and part of San Jose’s front office.

Just like Blackwood, the future is very uncertain for Georgiev. Both goalies can be unrestricted free agents after this season. Georgiev should have a chance to rebuild his value with the Sharks, and getting to work with both Nabokov and Askarov could help determine if his future can be in San Jose.

The future is what’s most important now. There will be more time to reflect on the past once the future is settled.

“A lot of positivity,” Georgiev said of how he’d sum up his time in Denver. “It was a great group of guys. That was so awesome. The expectations were so high. That’s what I loved about it. It felt like we were fighting for something special. It’s all about the final goal, the Cup there. That was a lot of fun. I learned a ton.

“Winning is so much fun. Being in a position with a really, really good team and having that opportunity every night is just incredible. I’m happy I got to experience that, and I will experience that on another team again.”

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