# Professor Drew Hinkes comments on how the court ruling in the SEC's case against Telegram will impact the future of the cryptocurrency industry

1 Faculty News February 18, 2020 ![decrypt_logo_190x145](/sites/default/files/styles/246w/public/assets/images/decrypt_logo_190x145.jpg?itok=4FFdUVG4)>

Excerpt from [Decrypt](https://decrypt.co/19879/sec-vs-telegram-impacts-everyone-in-crypto) -- “'The US regulatory approach to selling instruments for fundraising is of tremendous importance to the entire industry. No question,' [Drew Hinkes](https://www.stern.nyu.edu/faculty/bio/andrew-hinkes), an attorney with Carlton Fields and an adjunct professor at New York University’s Stern School of Business and School of Law, told Decrypt. 'I can't think of a stakeholder who wouldn't be interested in the outcome of this,' he said."

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