Terra caused more losses than FTX — so why is his sentence shorter than SBF’s?

[cryptohog]

Three main reasons:

He pleaded guilty and accepted responsibility.

He apologized to victims, unlike SBF who denied wrongdoing and was found to have lied in court.

He faces up to 40 more years in South Korea, which the U.S. judge factored into sentencing.
SBF had none of these mitigating factors.

[Rimon Khan]

Courts weighed intent and cooperation differently, which heavily influenced the sentencing outcome.

[Abdul Khan]

SBF faced harsher penalties because prosecutors argued he knowingly misled users and investors to a greater extent.