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Posted on October 24, 2011 | tags

 
 

World: Wikileaks may fold by the end of 2011 if financial blockades continue

  • Assange says low funds may cause shut-down: Visa, MasterCard, eBay, and Bank of America have all imposed financial blockades against the confidential document-leaking organization, which head-man Julian Assange says may soon force their closure. Wikileaks has already suspended their normal publishing functions to devote their full time to legal battles against the institutions that have barred money from flowing to them. Bernd Fix, a board member for the Wau Holland Foundation which processes payments to Wikileaks, estimates that this year they’ll bring in just $95,000, compared to $1.4 million last year. source