Banks Strangling Wikileaks

[Humerox]

The government couldn't do it...but banks can.

http://wikileaks.org/

[Muchew]

I didn't even know what wikileaks was until now.

What story did they uncover that has the banks in a tizzy fit?

[Humerox]

My guess is:

In a 2009 Computerworld interview, Assange claimed to be in possession of "5GB from Bank of America". In 2010 he told Forbes magazine that WikiLeaks was planning another "megaleak" early in 2011, from inside the private sector, involving "a big U.S. bank" and revealing an "ecosystem of corruption". Bank of America's stock price fell by 3% as a result of this announcement. Assange commented on the possible impact of the release that "it could take down a bank or two."




The blockade:

Since the publications of CableGate, WikiLeaks has faced an unprecedented global financial blockade by major finance companies including Mastercard, Visa and PayPal.

In October 2010, it was reported that Moneybookers, which collected donations for WikiLeaks, had ended its relationship with the site. Moneybookers stated that its decision had been made "to comply with money laundering or other investigations conducted by government authorities, agencies or commissions."

On 18 December 2010, Bank of America announced it would "not process transactions of any type that we have reason to believe are intended for Wikileaks," citing "Wikileaks might be engaged in activities ... inconsistent with our internal policies for processing payments". WikiLeaks responded in a tweet by encouraging their supporters who were BoA customers to close their accounts. Bank of America has long been believed to be the target of WikiLeaks' next major release.

Late in 2010, Bank of America approached the law firm of Hunton & Williams to put a stop to WikiLeaks. Hunton & Williams assembled a group of security specialists, HBGary Federal, Palantir Technologies, and Berico Technologies. They decided upon a campaign that included the use of "false documents, disinformation, and sabotage."

During 5 and 6 February 2011, Anonymous hacked HBGary's web site, copied tens of thousands of documents from HBGary, posted tens of thousands of company emails online, and usurped Barr's Twitter account in revenge. Some of the documents taken by Anonymous show HBGary Federal was working on behalf of Bank of America to respond to WikiLeaks' planned release of the bank's internal documents. Emails detailed a supposed business proposal by HBGary to assist Bank of America's law firm, Hunton & Williams, and revealed that the companies were willing to break the law to bring down WikiLeaks and Anonymous.

"CEO Aaron Barr thought he'd uncovered the hackers' identities and like rats, they'd scurry for cover. If he could nail them, he could cover up the crimes H&W, HBGary, and BoA planned, bring down WikiLeaks, decapitate Anonymous, and place his opponents in prison while collecting a cool fee. He thought he was 88% right; he was 88% wrong."

In October 2011 Julian Assange said the financial blockade had destroyed 95% of WikiLeaks' revenues and announced that it was suspending publishing operations in order to focus on fighting the blockade and raising new funds.

[Hasbinbad]

Business as usual.

[Diggles]

hahahahaha

[Aadill]

Throw money at problems instead of fixing them thanks in advance.

Furthermore: lol.

[Harrison]

Good.

[Hypeshot]

Originally Posted by Harrison [You must be logged in to view images. Log in or Register.]

Good.

Something wrong with you, or do you not enjoy your 1st amendment/Freedom of information rights? Whats "Good" about this?

[Hasbinbad]

Originally Posted by Hypeshot [You must be logged in to view images. Log in or Register.]

Something wrong with you, or do you not enjoy your 1st amendment/Freedom of information rights? Whats "Good" about this?

He thinks he is being clever by taking the opposite stand as I do.

[Diggles]

I don't stand against Hasbinbad, I sit.