The founder of WikiLeaks stops release of secrets due to financial problems

The founder of WikiLeaks Julian Assange disclosed on Monday that financial problems may force to the closure of the notorious secret-spilling site at the end of this year.

He pointed out, “If WikiLeaks does not find a way to remove this blockade we will simply not be able to continue by the turn of the New Year.” If we don’t knock down the blockade we simply will not be able to continue.”

WikiLeaks said in a statement on Monday that it would stop publishing for the moment in order to focus on making money – explaining that the blockade imposed by financial companies including Visa, MasterCard, Western Union and PayPal left it with no choice.The statement says that in order to ensure survival, WikiLeaks must “aggressively fundraise in order to fight back against this blockade and its proponents.”

US-based financial companies pulled the plug on WikiLeaks shortly after it began publishing some 250,000 US State Department cables last year. The group says the restrictions starved it of nearly all its revenue.

About Marc Brentwood

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