WikiLeaks to Stop Leaking
Because it's strapped for cash, Julian Assange says
By Kevin Spak,  Newser Staff
Posted Oct 24, 2011 10:42 AM CDT
WikiLeaks founder Julian Assange leaves Belmarsh Magistrates Court on February 8, 2011 in London, England.   (Getty Images)

(Newser) – WikiLeaks won’t be releasing any more secrets in the near future, Julian Assange announced today; the credit card companies have brought it down. In a statement, WikiLeaks said it was making the move in response to the “blockade” against donations established by banks and credit card companies. “We are forced to temporarily suspend publishing whilst we secure our economic survival,” its website reads today.

At a press conference in London today, Assange said the blockade had shrunk its donations from more than $100,000 a month to around $8,000-$9,000, and that if the ban wasn’t lifted the organization would be “simply not able to continue,” according to the Guardian. What money the organization does have will now be devoted to legal action against the banks—it’s already taken “pre-litigation action” in six countries, including the US, the Telegraph reports.
 

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