WikiLeaks stops publishing due to financial woes

WikiLeaks, the website that published several secret documents has announced a ‘temporary’ stoppage of its work. The website blamed US financial companies for this drastic move.

The statement says that in order to ensure survival, WikiLeaks must “aggressively fund-raise in order to fight back against this blockade and its proponents.”

His group also issued a statement saying it would stop publishing 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.

Apparently under US pressure, American financial firms had started pulling the plug on WikiLeaks. The immediate reason was the publishing of some 250,000 US State Department cables last year.

The refusal by US firms to accept donations has cost WikiLeaks ‘tens of millions of dollars’ in lost funding, the website said.

Julian Assange, WikiLeaks founder, has promised to fight back the economic blockade.