Ponzi-22

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This must certainly be the best double-looped, self-fulfilling Catch-22 situation I have come across since I read Joseph Heller's brilliant novel:

The SEC and a court-appointed receiver are not allowing suspected Ponzi-er R.A. Stanford to free up frozen cash to pay for his lawyers, in order to prevent him from defending himself with proceeds of the alleged fraud (which he claims it does not exist). This decision makes his conviction (and therefore the existence of the fraud) almost certain, thus proving itself wise. If however, Mr. Stanford was somehow able to prove his innocence despite the SEC decline, he would show that there was no fraud in the first place, and therefore he would be able to freely draw the cash required for his legal defense (which he would no longer need though).

If Heller was writing today about the human insanity, I bet his Yossarian would be a hyper-quant fund manager and not a B-25 pilot...
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