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Wikileaks Temporarily Shut After Credit Card Blockade Bleeds Funds

 
 
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Julian Assange is expected to make an announcement today that Wikileaks will be temporarily shut until it can get its finances in order:

 In a statement, WikiLeaks said: “In order to ensure our future survival, WikiLeaks is now forced to temporarily suspend its publishing operations and aggressively fundraise in order to fight back against this blockade and its proponents.”

The financial problems for WikiLeaks started on 7 December last year when Bank of America, VISA, MasterCard, PayPal and Western Union refused to accept donations for WikiLeaks.

This “unlawful financial blockade”, WikiLeaks said, “destroyed 95 per cent of its revenues”, leaving the website near-broke.

Bank of America, Visa, PayPal, and Western Union are among the agencies keeping WikiLeaks from accessing its funds, and have been ongoing since shortly after Cablegate. Seen as retaliation for leaking state secrets—which have brought to light numerous infractions by governments around the world—the companies are currently facing litigation by Wikileaks in several countries, including the US and England. Read the full story at the Telegraph.

 

 

AlterNet / By Julianne Escobedo Shepherd

Posted at October 24, 2011, 4:56am