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October 6, 2022
BUSINESS

WikiLeaks halts publication to raise money

LONDON – WikiLeaks announced that it was temporarily stopping publication Monday to “aggressively fundraise” in order to keep the site afloat, CNN informs. In a statement distributed after a press conference, the organization said a financial blockade by Bank of America, VISA, MasterCard, PayPal and Western Union had destroyed 95 percent of its revenue.

Many financial institutions stopped doing business with the site after it published a trove of confidential U.S. diplomatic cables late last year, and donations have been stymied.

U.S. authorities have said disclosing the classified information was illegal and caused risks to individuals and national security. “WikiLeaks has, however, ignored our requests not to release or disseminate any U.S. documents it may possess and has continued its well-established pattern of irresponsible, reckless, and frankly dangerous actions,” U.S. State Department spokesman Victoria Nuland said last month.

WikiLeaks said Monday that it had launched an anti-trust compliant over the financial blockade with the European Commission.

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