The Islamic Revolutionary Guard Corps confirmed on May 28 that it targeted a US airbase in direct retaliation for American strikes near Bandar Abbas, Iran. The move sent immediate shockwaves through crypto markets, triggering roughly $200 million in liquidations across digital asset positions.
The IRGC described the retaliatory action as a “serious warning” and stated that any future aggression would be met with a “more decisive” response.
What happened, and why crypto cares
US airstrikes near Bandar Abbas airport occurred at approximately 4:50 a.m. local time, with Iranian reports characterizing the strikes as provocative. Iran reported no casualties from the American action.
The IRGC’s retaliatory strike against a US base followed within the same day. The specific base targeted has not been officially confirmed, though reporting suggests a location in Kuwait or Bahrain.
