The Supreme Court just ruled Trump's tariffs illegal. Guess who's about to make a fortune from this move? Cantor Fitzgerald, the firm now run by Commerce Secretary Howard Lutnick's sons, has been buying up the rights to tariff refunds from U.S. importers at pennies on the dollar.

Here's how the scheme works:

• U.S. companies paid billions in tariffs that are now ruled illegal
• Cantor approaches those companies and says: "I'll give you 25 cents now for every dollar you're owed in refunds"
• Companies take the quick cash rather than wait years for the legal process
• When the refunds come through, Cantor collects the full dollar

Lutnick "divested" from Cantor by handing it to his twenty-something sons and placing his equity in a trust for those same sons. He paid zero capital gains tax on the transfer.

As Commerce Secretary, Lutnick has direct visibility into the government's legal strategy, how their lawyers rate their odds, and what arguments they'll make. His family's firm is betting against the very tariffs his boss created.

They bought at 25 cents on the dollar, and after today's SCOTUS ruling, those rights could be worth 80–90 cents.

The potential payout could be in the billions. This is insider trading with extra steps.

Story on Ruling: Supreme Court strikes down Trump tariffs, rebuking president’s signature economic policy

By Markus Twainer