From a Guardian Online article:
WikiLeaks could be driven out of existence by the new year if it is unable to challenge a financial blockade by banks and credit card companies including Visa, MasterCard and PayPal, the website’s founder Julian Assange has said.
Announcing a “temporary suspension” of the whistleblowing website’s publishing activities, Assange said the site had been deprived of 95% of its revenue by the “dangerous, oppressive and undemocratic” blockade, and now needed to direct its energy purely into “aggressive fundraising” to fight for the organisation’s survival.
“This financial blockade is an existential threat to WikiLeaks. If the blockade is not borne down by the end of the year the organisation cannot continue its work,” Assange told a news conference in central London.
The announcement is the most open acknowledgement of the site’s perilous financial situation since a clutch of financial operators blocked donations in the days after its publication of leaked US embassy cables in November last year.
The gang of financial institutions – Paypal, Visa, MasterCard, Bank of America, Western Union and Post Finance – that have refused to take donations for Wikileaks since November last year must be laughing in their golden cages.