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WikiLeaks Suspends Release Of Secrets, Faces Financial Problems

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  • WikiLeaks Suspends Release Of Secrets, Faces Financial Problems

    WIKILEAKS SUSPENDS RELEASE OF SECRETS, FACES FINANCIAL PROBLEMS

    PanARMENIAN.Net
    October 24, 2011 - 18:58 AMT

    PanARMENIAN.Net - WikiLeaks founder Julian Assange said Monday Oct
    24 that financial problems may lead to the closure of the notorious
    secret-spilling site at the end of this year.

    "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," he said.

    "If we don't knock down the blockade we simply will not be able
    to continue."

    WikiLeaks said in a statement 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."

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

    The group has long shown signs of financial distress. In a recent
    statement about Assange's contested book deal, the group said it did
    not have enough money to hire a lawyer.

    Assange remains under legal pressure in Europe and the United States.

    A decision on whether to extradite him to Sweden to face sex crime
    allegations is expected in the next few weeks. He also may face
    possible legal action in the United States, The Associated Press
    reported.




    From: A. Papazian
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