Bob Lee Died, Founder of Cash app & CPO of MobileCoin

According to the cryptocurrency platform and police. Bob Lee, 43 years old a technology executive who created Cash App and was currently chief product officer of MobileCoin, was fatally stabbed in San Francisco on 4 april (Tuesday).San Francisco Police Department said in a press release. On Main Street at 2:35 a.m. Tuesday .They found a 43-year-old man with stab wounds. Police admitted victim to the hospital but victim died at a hospital.

MobileCoin CEO Josh Goldbard said in a statement. “Our dear friend and colleague, Bob Lee passed away yesterday at the age of 43, survived by a loving family and collection of close friends and collaborators.” Ron Conway, founder of the San Francisco-based investment firm SV Angel, tweeted Wednesday that “Lees loss is an immense tragedy,”

Wesley Chan, co-founder of FPV Ventures. Chan said he befriended Lee more than a decade ago when they both worked at Google, at a time when software engineers like Lee were helping to build the Android smartphone operating system before its 2008 release.

MobileCoin is an encrypted-focused cryptocurrency designed for use in everyday transactions. MobileCoin addresses 4 fundamental issues: Security, Transaction Speed, Energy Consumption, and Optimization for Mobile devices. No one except for the sender and receiver can see the details of the transaction. The public blockchain is encrypted to ensure security. MobileCoin is an unrivaled cryptocurrency designed to be fast and secure enough to be used for mobile transactions.

“This is an open and active investigation. For that reason we are not releasing further information,” Niccole Pacchetti, a public information officer, said in an email. “We will provide further details when they become available.”

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