Lawyers for FTX founder SBF are discussing a deal with U.S. prosecutors to allow SBF to be released on bail after being extradited to the United States, according to three people familiar with the matter. The details of any agreement must be approved by a federal judge.

Under the terms discussed, SBF could be released on bail under strict conditions, including house arrest, according to two people familiar with the matter. Another person familiar with the matter said electronic monitoring is also under discussion. It is unclear what other measures might be taken. (The New York Times)