BofA Cuts Off WikiLeaks
Posted on Dec 18, 2010
The digital war of position between WikLeaks and those who have something to hide got a bit more barbed as Bank of America, a likely target in the next WikiLeaks documents drama, announced it will refuse to process payments to the website.
BofA thus joins MasterCard, Visa and PayPal in denying funds to the site. WikiLeaks has said its next big leak will focus on the banking meltdown and the financial sector. —JCL
Bank of America has added its name to a list of several financial institutions that have refused to process payments for WikiLeaks as the site reportedly readies a document release that targets the banking giant.
“This decision is based upon our reasonable belief that WikiLeaks may be engaged in activities that are, among other things, inconsistent with our internal policies for processing payments,” the bank announced late yesterday.
The announcement comes on the heels of similar moves made by MasterCard, Visa, and PayPal earlier this month, which have limited WikiLeaks’ ability to raise funds to support its Web site’s operation. Those institutions’ Web sites subsequently came under cyberattack by a hacker group in retaliation for the moves.
Flickr / Michael Gray (CC-BY-SA)