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WikiLeaks »
WikiLeaks founder Julian Assange speaks during a news conference at the Frontline Club in London October 24, 2011.
Credit: Reuters/Luke MacGregor
LONDON |
Mon Oct 24, 2011 11:19am EDT
LONDON (Reuters) - WikiLeaks will have to stop publishing secret cables and devote itself to fund-raising if it is unable to end a financial "blockade" by U.S. firms such as Visa and MasterCard by the end of the year, founder Julian Assange said on Monday.
After releasing tens of thousands of confidential U.S. government cables, WikiLeaks would need $3.5 million over the next year to continue operating, Assange said.
Visa and MasterCard stopped processing donations for WikiLeaks in December 2010 after the United States criticized the organization's release of sensitive diplomatic cables.
"If WikiLeaks does not find a way to remove this blockade, given our current levels of expenditure we will simply not be able to continue by the turn of the year," Assange told a news conference.
The blocking of donations by Bank of America Corp, Visa Inc, MasterCard Inc, eBay Inc unit PayPal and Western Union Co had cost Wikileaks 95 percent of its revenue.
In July, WikiLeaks filed a complaint to the Directorate-General for Competition of the European Commission, saying Visa and MasterCard had breached antitrust provisions set out by the EU Treaty.
Assange said he hoped the European Commission would make a decision to hold a full investigation by mid-November.
(Reporting by Michael Holden; Editing by Roger Atwood)
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We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (6)
jalee wrote:
Too bad! The damage that this site has caused is terrible.
Oct 24, 2011 11:12am EDT -- Report as abuse
alwayslearning wrote:
Pretty sure the US government would be glad to see Assange close his publications down. In fact, that was the point all along. No matter your opinion on what Wikileaks does, it has the power to keep all governments honest, and, of course, that is simply unacceptable.
Oct 24, 2011 11:20am EDT -- Report as abuse
MarketForce wrote:
Well, the first step in getting around this would be changing your Paypal and credit card username. Their old one (“wikileaks@world-hackterrorists”) is probably a dead give-away. I’m no computer genius, but maybe something more common like “momlove4151″ would turn that red flag into a denim dress. Just a thought.
Oct 24, 2011 11:34am EDT -- Report as abuse
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