WikiLeaks Halts Publishing Due to Banking Blockade

Oct 26, 2011

WikiLeaks suspended operations due to a financial blockade that has cut off 95% of its revenue, according to Slate. Co-founder Julian Assange announced that if the blockade continues, WikiLeaks will be unable to continue operations into next year, and said WikiLeaks will now focus on fundraising efforts to maintain cash flow.

Financial institutions including Bank of America, Visa, Mastercard, Western Union, and PayPal halted service to the controversial anti-secrecy organization last year when it began to publish classified U.S. documents. While no formal charges have been brought against WikiLeaks, the blockade may likely be voluntarily enforced by these institutions due to the government's regulation of banking systems.


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