Top FOX Business journalist Eleanor Terrett said former FTX CEO Sam Bankman-Fried (SBF) might finally be released on bail in the United States.

Terret noted that two sources familiar with the matter told FOX Business that the FTX founder has agreed to be extradited to the United States in search of bail from the Bahamas, where he was arrested last week.

According to Terrett, SBF may arrive in the United States today. She added that Bankman-Fried could secure bail following pre-conditions between his lawyers and Southern District of New York (SDNY) prosecutors.

(By Lele Jima)

Related News: 

FTX’s Bankman-Fried Gave Ex-Jane Street Traders Who Formed Modulo Capital $400M

New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business

Federal Prosecutors Probe Democrats Over Donations From Sam Bankman-Fried

Insurers Shun FTX-linked Crypto Firms as Contagion Risk Mounts

What Media Has Sam Bankman-Fried Invested in Other Than The Block? Here Is a List