Home The Latest Wikileaks suspends operations

Wikileaks suspends operations

| Print |  Email
The Latest
Monday, October 24, 2011

Wikileaks has suspended operations after many U.S.-based financial institutions blocked donors from giving money to the organization. Founder Julian Assange says it may have to shut down permanently.

Although its attention-grabbing leaks spread outrage and embarrassment across military and diplomatic circles, WikiLeaks' inability to shake the restrictions imposed by American financial companies may prove its undoing.
"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," founder Julian Assange told journalists at London's Frontline Club. "If we don't knock down the blockade we simply will not be able to continue."
As an emergency measure, Assange said his group would cease what he called "publication operations" to focus its energy on fundraising. He added that WikiLeaks — which he said had about 20 employees — needs an additional $3.5 million to keep it going into 2013.
WikiLeaks, launched as an online repository for confidential information, shot to notoriety with the April 2010 disclosure of footage of two Reuters journalists killed by a U.S. military strike in Baghdad.
Although U.S. officials railed against the disclosures, claiming that they were putting lives at risk, it wasn't until WikiLeaks began publishing a massive trove of 250,000 U.S. State Department cables late last year that the financial screws began to tighten.
One after the other, MasterCard, Visa, PayPal and Western Union stopped processing donations to WikiLeaks, starving the organization of cash as it was coming under intense political, financial and legal pressure.
Assange said Monday that the restrictions — imposed in early December — had cut off some 95 percent of the money he thinks his organization could have received.

Read The Latest from The Associated Press.

 

 

More Articles

Powerlist: Colleges and Universities

September 2014
Wednesday, August 27, 2014
BY KIM MOORE

A conversation about higher education with the presidents of the University of Oregon and Clackamas Community College, followed by September's powerlist.


Read more...

The Alchemist

September 2014
Tuesday, August 26, 2014
BY LINDA BAKER

David Howitt explains why Portland consumer brands like Stumptown and Voodoo Doughnuts are taking the world by storm.


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...

Fork & Bottle

October 2014
Thursday, September 25, 2014

National media can’t get enough of Oregon’s pinot noir, artisan-food purveyors and lively, independent film scene.


Read more...

Innovation: a critique

News
Wednesday, October 08, 2014
1008 innovation thumbBY LINDA BAKER | OB EDITOR

A Design Week panel discussion raises questions about how innovative we really are.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

Grape Expectations

October 2014
Thursday, September 25, 2014
BY HANNAH WALLACE

Well-financed outsiders from France and California are buying up vineyards and wineries in the Willamette Valley.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS