Bail is a US thing for: when you're arrested and charged with a crime, you're not necessarily going to sit in jail until trial. You are either let go or you pay money (bail) to decrease the chance you'll flee. If you can't pay bail or bail is refused by the judge, you sit in jail.
SBF hasn't been charged yet. Bahamas arrested him for the sole purpose of preventing him from fleeing because U.S. indicated that they'll charge him and will want to extradite him to U.S.
I don't know if Bahamas even has a concept of bail but it doesn't apply here and wouldn't make sense to let him out.
Bail is definitely not just a US thing, in fact a quick search brings up details of how bail works in the Bahamas.
That said, bail does seem unlikely in this case.
Bail is a US thing for: when you're arrested and charged with a crime, you're not necessarily going to sit in jail until trial. You are either let go or you pay money (bail) to decrease the chance you'll flee. If you can't pay bail or bail is refused by the judge, you sit in jail.
SBF hasn't been charged yet. Bahamas arrested him for the sole purpose of preventing him from fleeing because U.S. indicated that they'll charge him and will want to extradite him to U.S.
I don't know if Bahamas even has a concept of bail but it doesn't apply here and wouldn't make sense to let him out.