Bitcoin moved closer to 40000 during Thursdays session as traders continued to react to yesterdays Fed rate hike The FOMC opted to increase interest rates by 05 during Mays meeting which is the largest hike in over twenty years

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The South Korean police are reportedly preparing to charge Coinones executives including its CEO and 20 of the exchanges members This follows a 10month investigation on allegations that the exchange provided gambling services through its crypto margin trading program