WikiLeaks suspends publishing of secrets due to lack of funds

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The whistleblowing website WikiLeaks said on Monday it was suspending publishing classified US diplomatic files to focus instead on fundraising "to ensure our future survival".

WikiLeaks founder Julian Assange said that as a result of a financial 'blockade' mounted by Visa, Mastercard and other companies, it was 'now forced to temporarily suspend its publishing operations and aggressively fundraise'.

WikiLeaks has enraged US authorities by releasing tens of thousands of classified diplomatic cables.

Many relate to the wars in Iraq and Afghanistan while others contain frank and sometimes embarrassing assessments of world leaders made by US diplomats.

Assange said in a statement that since December last year, 'an arbitrary and unlawful financial blockade has been imposed by Bank of America, Visa, MasterCard, PayPal and Western Union'.

"The attack has destroyed 95 percent of our revenue," he added.

"The blockade came into force within 10 days of the launch of Cablegate as part of a concerted US-based, political attack that included vitriol by senior right-wing politicians, including assassination calls against WikiLeaks staff."

The former computer hacker said the blockade "has cost the organisation tens of millions of dollars in lost donations at a time of unprecedented operational costs".

He added: "We have commenced pre-litigation action against the blockade in Iceland, Denmark, the UK, Brussels, the United States and Australia."

"We have lodged an anti-trust complaint at the European Commission and expect a decision by mid-November as to whether the European Commission Authority will open a full investigation into the wrongdoing of Visa and MasterCard."

"A handful of US finance companies cannot be allowed to decide how the whole world votes with its pocket," he added.

Assange is currently embroiled in a fight against extradition from Britain to Sweden, where he is wanted in connection with allegations of rape. He denies the allegations and says they are politically motivated.

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