Wikileaks Runs Out of Money, Suspends Operations

Posted 02/01/2010 at 9:31am | by Paul Lilly

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Whistleblower site Wikileaks last made headlines about 6 months ago when the website got hold of a U.S. report detailing the locations and assets of U.S. neclear power plants and posted it for all the world to see. And now? Wikileaks finds itself in a bit of trouble, but not because of its content. Short on funds, Wikileaks has supsended operations and hopes the move turns out to be temporary.

"To concentrate on raising the funds necessary to keep us alive into 2010, we have reluctantly suspended all other operations, but will be back soon," Wikileaks wrote on its homepage. "We have raised just over $130,000 for this year but can not meaningfully continue operations until costs are covered. These amount to just under $200,000 PA [per annum]. If staff are paid, our yearly budget is $600,000."

In their attempt to solicit donations, "even $10," Wikileaks' webmasters claim to have received "hundreds of thousands of pages from corrupt banks, the U.S. detainee system, the Iraq war, China, the UN, and many others" that they don't have the financial muscle to release.