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This is a federal sentence, so there is no parole. The most time off you can get in the federal system for good behavior is 54 days per year of sentence, so less than 4 years off for SBF's 25-year sentence.

No parole in the Federal system. There's (some) time off for good behavior.

> If he’s eligible for parole at 1/3 of a 25 year sentence

He is not; there is no federal parole (for people sentenced ib the last ~37 years.) There is “good conduct time” that can reduce time served to not less than ~85% of the time sentenced, so around 21 years minimum.

Well, its a little more complicated, and depending on the degree of release you are interested in. He could be “out” either a year earlier than I said in the above, or in half of his total sentence:

https://news.ycombinator.com/item?id=39855552

Sourced from https://www.ojp.gov/ncjrs/virtual-library/abstracts/united-s....

That's from 1984, federal parole was abolished in 1987 (though people sentenced before 1987, IIRC, remain eligible according to the rules in place at the time.)

SBF was sentenced somewhat after 1987, so those rules don't apply to him.