[QODLink]
Europe
WikiLeaks halts output amid financial woes
Julian Assange says WikiLeaks to stop publishing and try to raise funds after blockade imposed by financial companies.
Last Modified: 24 Oct 2011 15:51
Assange said that WikiLeaks is to stop publishing and will try to raise funds in a bid to rectify its financial woes [EPA]

Julian Assange, the WikiLeaks founder, has announced that financial problems may lead to the closure of the whistleblowing website at the end of the year.

The website revealed 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.

"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,'' Assange said in a statement.

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

The statement said 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 about 250,000 US State Department cables last year.

The group says the restrictions starved it of nearly all its revenue. 

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

Assange remains under legal pressure in Europe and the US.

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 US.

Source:
Agencies
Topics in this article
People
Country
Organisation
Featured on Al Jazeera
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Israel's Operation Protective Edge is the third major offensive on the Gaza Strip in six years.
Muslims and Arabs in the US say they face discrimination in many areas of life, 13 years after the 9/11 attacks.
At one UN site alone, approximately four children below the age of five are dying each day.
Featured
Afghan militias have accumulated a lengthy record of human-rights abuses, including murders and rapes.
Growing poverty is strengthening a trend among UK Muslims to fund charitable work closer to home.
A groundbreaking study from Johns Hopkins University shows that for big segments of the US population it is.
Critics claim a vaguely worded secrecy law gives the Japanese government sweeping powers.
A new book looks at Himalayan nation's decades of political change and difficult transition from monarchy to democracy.
join our mailing list