Hedge Funds Monetise $166 Billion Supreme Court Tariff Refund #
The structural incompetence of the federal government has birthed a highly lucrative secondary market. Following the Supreme Court’s February decision to strike down $166 billion in executive import taxes, a massive liquidity bottleneck has paralyzed the refund process. Customs and Border Protection lacks the administrative architecture to return the capital efficiently, leaving corporate balance sheets stranded in regulatory limbo. In response, opportunistic hedge funds are aggressively purchasing corporate refund claims at a steep discount, effectively converting sovereign legal liabilities into…