Mango Markets attacker Avi Eisenberg is advancing a lawsuit in prison to recover the $14 million he lost on Waves

According to DL News, convicted crypto trader Avraham Eisenberg is currently being held in custody and awaiting sentencing later this month for his $115 million profit from using the DeFi protocol in Mango Markets. But the details revealed in court documents indicate that he is still handling another case: he is attempting to recover $14 million, accusing the founder of the Waves platform, Sasha Ivanov, of stealing the funds from his account on the Waves blockchain in 2022. Although Eisenberg sued Ivanov in 2022, he and his legal representatives have not yet directly served the lawsuit to the founder of the Waves platform. At that time, the court rejected Eisenberg's application to serve a complaint to Ivanov via email. Now, Eisenberg has to track Ivanov's whereabouts on his own while in prison. Eisenberg's lawyer Cortland Putbrese stated in court documents on June 20th that "Eisenberg has been working hard to locate these defendants and deliver their indictment as soon as possible." Eisenberg had previously accused Ivanov of "bait fraud" and "global Ponzi scheme," resulting in him losing approximately $14 million in cryptocurrency. According to Eisenberg's initial indictment, he deposited millions of dollars of USDC stablecoins into a decentralized financial agreement based on the Waves platform called Vires Finance in early 2022. In the indictment, Eisenberg accused Ivanov and other conspirators of using high returns as bait to lure funds into the Vires platform. Ivanov uses virtual collateral to borrow USDC and USDT stablecoins from depositors. Finally, Eisenberg accused Ivanov of selling these stablecoins to push up the price of WAVES tokens. Last year, a survey by DL News found that a cryptocurrency wallet associated with Ivanov, along with several other wallets, collectively stole $530 million from the lending agreement Vires Finance on the Waves blockchain. Ivanov stated that he agrees that investors' funds were withdrawn from Vires Finance in this way, but he denies any involvement. He has also repeatedly criticized Eisenberg and other critics as "internet junkies".