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WikiLeaks suspends operations to concentrate on financial fight

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By John Glenday, Reporter

October 25, 2011 | 1 min read

WikiLeaks founder Julian Assange has announced that his controversial whistleblowing website WikiLeaks is to cease the publication of fresh material in order to focus its firepower on overturning a ban on financial transactions to it.

A banking blockade has blocked as much as 95% of revenues to the firm, a situation which could force the organisation out of business by the New Year.

In a statement Assange accused Bank of America, Visa, Mastercard, Paypal and Western Union of enforcing an “arbitrary and unlawful” block on WikiLeaks financial transactions at the behest of the US Government.

Donations to WikiLeaks averaged 100,000 euros amonth in 2010, a figure which has since dwindled to as low as 6,000 – according to Assange.

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