Notorious Black Ax cybercrime gang dismantled in Europol raids

• Spanish police arrest 34 suspected Black Ax members in raids in Seville, Madrid, Malaga and Barcelona
• Black Axe, linked to the Neo-Black Movement of Africa, has approximately 30,000 members worldwide
• The group engages in cyber fraud, trafficking, armed robbery and recruits money mules in poor areas.

Spanish police have arrested 34 people suspected of running Black Axe, a malicious organization engaged in cyber fraud as part of a network of criminal activities.

A Europol press release said Spanish National Police and Bavarian State Criminal Police carried out raids in Seville, Madrid, Malaga and Barcelona, ​​arresting dozens of Black Ax members. During the raid, they seized nearly $140,000 from bank accounts and $77,000 in cash.