WikiLeaks shuts down operations, for now

LONDON: Whistleblower website WikiLeaks on Monday said it was temporarily stopping publication of exposes to concentrate on economic survival in the face of a blocade by US financial companies.

Announcing this here, WikiLeaks founder Julian Assange said that an "arbitrary and unlawful financial blockade" since last December has "destroyed 95% of our revenue".

WikiLeaks would need $3.5 million over the next year to continue operating, Assange said, adding that financial problems may lead to the closure of the site at the end of this year.

Apparently under US pressure, American financial firms like Visa, MasterCard, Western Union and PayPal had started pulling the plug on WikiLeaks. The immediate reason was the publishing of some 250,000 US state department cables last year.

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