Crypto company Longfin spikes almost 80% after CNBC interview with CEO

In an interview with CNBC, Longfin CEO Venkat Meenavalli said he won’t be selling his shares in the company. “I’m going to write to SEC and FINRA because of the shorts,” Meenavalli said during the interview. PRICE ACTION: Shares of Longfin are currently up 78% to $20.67 per share in afternoon trading.