A suspect was arrested on April 13 in the fatal stabbing of Cash App founder Bob Lee. We found no evidence that his death has anything to do with FedNow, as some social media posts claim.
ng drew some speculation that Lee’s death was a casualty of lawlessness in the California city.
Others have claimed that he was murdered to advance FedNow, a forthcoming instant payment infrastructure from the Federal Reserve.said."U.S. Fed. Reserve is launching its own ‘Cash App’ called ‘FedNow.’""If the gov want you gone, they’ll get you gone," someone commented.
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