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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

(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.

WikiLeaks founder Julian Assange leaves Belmarsh Magistrates Court on February 8, 2011 in London, England.
WikiLeaks founder Julian Assange leaves Belmarsh Magistrates Court on February 8, 2011 in London, England.   (Getty Images)
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COMMENTS
Showing 3 of 23 comments
Dideamon
Oct 25, 2011 12:29 PM CDT
Why do you need money to leak info? Just do it out of the goodness of your own heart ;)
passinthru
Oct 25, 2011 12:10 PM CDT
awww, poor julian...well how bout you give it to some kid who a helluva lot more motivated than your ass, eh?  you just give up?  where the rights of the people?  wheres the drive to expose whats happening over there?  there is a kid rotting in a cell because of you, i suggest you get off your pussy little ass and find a way to do what needs to be done. this is ridiculous.  money cant be an issue because it doesnt cost anything to upload shit.
RogerMohajir
Oct 24, 2011 12:01 PM CDT
Mr. Assange is being a bit disingenuous by blaming the drop in donations on the credit card processing companies. The real reason that donations have dropped from $100k per month to nearly nothing is that the bloom is off of the Wikileaks rose. At one time, people believed Wikileaks would bring meaningful change to the world, and that Assange was a hero. Over time, they realized that having confirmation of what we all know to be going on doesn't really change much, and Assange is a self-absorbed jerk. If it was really about the credit card processing, numerous porn purveyors and online gambling companies similarly would have been "brought down" by banks. It is easy to just keep creating straw merchant accounts and stay ahead of the banks and processing companies. The smart money never went to Wikileaks via credit cards, anyway - since there was a strong possibility of having one's information grabbed and used against one by the governments and other organizations that Wikileaks was offending. Personal checks limit the information sharing and if Mr. Assange needs to know the name of some banks that will accept them without conditions, he need only Google "Cayman Islands banking."
 

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