The judge provided a good counterargument: if a thief burgles a bank, goes to Vegas and doubles his money and gives the original amount back to the bank, does that deserve punishment?
So he stole stuff in 2022 at a low point, and now his victims are going to be paid 30% the cost of what it would take to rebuy it? That's "repaid in full" in your mind? Losing 70% of their BTC?