Foreign media: SBF agrees to extradition, returns to the U.S. early, successfully coordinates bail under strict conditions upon return to the U.S.

After reviewing the U.S. indictment, SBF has decided to voluntarily return to the U.S., and sources indicate that he may be granted bail under very strict conditions, such as home confinement, electronic monitoring, etc.

Confirmation of Extradition to the U.S.

According to ABC News, Acting U.S. Marshal Doan Cleare stated that SBF has signed documents and waived the extradition hearing scheduled for February 8 in the Bahamas, agreeing to be sent back to the United States.

Prior to this, SBF had been opposing extradition before being held at Fox Hill Prison in the Bahamas, but as reported by Reuters citing sources familiar with the matter, SBF requested to see a copy of the U.S. indictment at the hearing on Monday and decided to be extradited back to the U.S. after consulting with a New York lawyer.

Seeking Bail Upon Return to the U.S.

Financial Times cited sources familiar with the matter, stating that SBF's legal team is in discussions with U.S. federal prosecutors to negotiate terms that would allow SBF to be granted bail upon extradition back to the U.S.

Under the negotiated terms, SBF would be eligible for bail under very strict conditions, including home confinement, with the possibility of an electronic ankle monitor still under discussion, and no other confirmed measures yet.

A spokesperson for the Southern District of New York court and SBF's New York lawyer Mark Cohen declined to comment on any bail-related issues.

In addition, CoinDesk pointed out that during a creditors' meeting, the FTX restructuring team confirmed holding assets worth over $10 billion, a message that current CEO John J. Ray III had already emphasized during a previous congressional hearing.