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Law enforcement across Spain and Germany arrested 34 members of Black Axe, a notorious cybercrime group originally from Nigeria. Their operations include online fraud and money laundering, often exploiting vulnerable individuals in poor neighborhoods. The recent raids resulted in nearly €6 million in fraud losses and significant asset seizures.
Europol has successfully dismantled a cybercrime operation responsible for generating over €540 million in illicit revenue through various online scams. The operation involved multiple arrests and the seizure of assets, highlighting the ongoing efforts to combat cybercrime across Europe.