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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