Try going back down to 120 for a bit by hand with a firm backer. If the Cocobolo isn't burnt, it may be the oxidization on it? It will darken a bit over time, so if there wasn't much sanding, that may still be on there. Usually it's lighter colored, like on the beveled front of the scales, when it's freshly sanded. Darker means burnt or oxidized typically. Cocobolo can burn/overheat quickly, especially with the oils in it. Or if the sandpaper is clogged/gummy from the oils and dust, it could look darker, too.
Use some Denatured Alcohol on the front of the scales. It will help pull some of the oil out of the Cocobolo and wet everything down. Check the green G10 color when wet. Then sand 120, 220, 400 by hand. Often, G10 will be a lighter color when it's sanded until it's wet or very high polish. Edge view of G10 may look different than side view of G10 as well. Most Green G10 is either ghost jade/natural, OD green, darker hunter green, or toxic bright neon green.
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I am guessing you may have OD green? Do you have a piece we can see the flat side on?