Sam Bankman-Fried : Legal Troubles
Let's look at this birth chart, in particular, focusing on the career and the factors influencing the native, i.e., the person associated with the birth chart. Taurus rises and Venus, ruler of the 1st House (Self), is in the 10th House (Career, Public Image, Recognition). Often, where the ruler of 1st House is can tell us what particular areas of our life we are focusing on, what we value and hold significance to, or what are being emphasized.
In this chart, the pursuit of career and recognition is being emphasized for this person, in particular, relating to means of networking and financial operations (Venus). Venus is with Saturn and Mars in the 10th House, both malefics. From this, it is evident that Saturn and Mars will bring troubles to Venus, which is his Self, Career and Public Image. Saturn is the ruler of the 9th House (Legal), Mars is both the ruler of the 7th House (Open Conflicts) and 12th House (Secret Enemies, Troubles, Confinement). In addition, both Venus and Mars are contrary to 'Hayyiz', an unfavorable astrological condition.
This is the birth chart for Sam Bankman-Fried. Once hailed as the poster boy for cryptocurrency, he was sentenced to 25 years in federal prison on March 2024, for fraud and conspiracy to launder money. In his birth chart, Venus's influences come to the foreground between 2021 and 2023, the period of FTX's troubles and collapse.
Sam Bankman-Fried rose to fame as the co-founder of FTX, a major cryptocurrency exchange, and was dubbed the "world's richest 29-year-old" by Forbes when his net worth reached an impressive US$22.5 billion in 2021. However, FTX collapsed in November 2022 and a month later, he was arrested and subsequently found guilty by the jury for seven counts of fraud and conspiracy related to defrauding customers and investors of FTX on November 2023.
In fact, Temasek Holdings, the state-owned investment firm of Singapore, as one of FTX's investors, wrote down its entire investment of US$275 million in view of FTX's collapse.
Image of Sam Bankman-Fried is by Cointelegraph [CC BY 3.0], via Wikimedia Commons