Iran: Enemy Disregards All International Law, Establishes National Crisis Management Headquarters

**February 28 Breaking Update** At 2:00 PM ET today, Israel and the U.S. led strikes against Iran, which retaliated—triggering a full-scale U.S.-Iran conflict. Former President Trump directly stated his intent to “topple the Iranian regime,” while the U.S. military noted the conflict could last for weeks. Iran subsequently fired missiles at all Gulf nations except Oman, targeting U.S. military bases. Amid intense clashes, Bitcoin led declines at 2:00 PM, dropping 3.57% in one hour before stabilizing after a sharp free fall. It now trades at $63,935. Observers noted Bitcoin’s selling pressure surged by roughly $1.8 billion within an hour at 2:00 PM; since the incident unfolded over the weekend, cryptocurrencies became the preferred asset to sell during this safe-haven event. Notably, even with major gold markets closed, gold-backed tokens surged nearly 6% post-incident. Current prices: PAXG ($5,492.98), XAUT ($5,433.49), and Binance’s XAU contract ($5,364.38). BlockBeats advi

February 28 — Per an AXIOS reporter, a senior U.S. official stated no U.S. personnel have been injured as of now.

On February 28 — Two Israeli sources with knowledge of the operation said Saturday morning’s Israeli strike on Iran targeted senior Iranian officials, including Supreme Leader Ayatollah Ali Khamenei, Armed Forces Chief of Staff Sayyid Abdul-Rahim Mousavi and President Mahmoud Pezeshkian. Additional targets, per the Israeli sources, included Ali Shamkhani, secretary of Iran’s newly established Defense Commission, and Ali Larijani, secretary of Iran’s National Security Council. It remains unconfirmed whether any senior Iranian officials were wounded in the strike.

On February 28, a source stated that U.S. Secretary of Defense Lloyd Austin and Joint Chiefs of Staff Chairman Gen. Mark Milley were overseeing an operation targeting Iran at Mar-a-Lago in Florida.

On February 28th, DeFiance Capital founder Arthur said: “Unfortunately, crypto has become the go-to short hedge for risk-off weekends.”

**February 28 –** Per monitoring from crypto analytics firm HyperInsight (Telegram: https://t.me/HyperInsight), two of the largest long-whale positions in BTC and ETH have seen unrealized losses swell amid ongoing market downturns. Combined losses for the pair exceed $13 million. As of press time, neither position has been closed or reduced. Key position details: - **pension-usdt.eth**: 3x leveraged BTC long | Size: $63M | Avg. entry: $66,800 | Unrealized loss: $3.17M (15%) - **ETH Whale**: 15x leveraged ETH long | Size: $129M | Avg. entry: $1,991 | Unrealized loss: ~$9.6M (-110%)