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Wikileaks cannot survive further losses: Assange (keeps it afloat with $1.3 million book deal)
My Sinchew ^ | 1/11/11

Posted on 01/11/2011 4:30:06 AM PST by Libloather

Wikileaks cannot survive further losses: Assange
Foreign 2011-01-11 18:00
PARIS, Tuesday 11 January 2011

(AFP) - Wikileaks founder Julian Assange said the besieged whistleblower website "cannot survive" if it continues to haemorrhage money, in an interview broadcast in France on Tuesday.

Assange, who has enraged the United States by leaking US diplomatic cables that embarrassed world leaders, has said his site has been losing almost half a million euros (650,000 dollars) a week since those leaks began.

"We cannot survive the way things are going," he told the French radio station Europe 1, complaining that the organisation's ability to garner online donations has been blocked.

But he vowed Wikileaks would fight back. In a separate interview with France Info radio, he said Wikileaks aimed to continue leaking documents.

Assange was speaking from Britain, where he is on bail facing possible extradition to Sweden for questioning on allegations of sexual assault. A court hearing was due later Tuesday to set a date for his trial.

The Wikileaks website was blocked after it began leaking its flood of cables, but soon sprang up again in various countries.

"The organisation is being attacked but it is growing quite quickly," Assange told Europe 1.

In an interview published Monday in Swiss newspapers, Assange said Wikileaks was losing more than 480,000 euros since it started publishing the diplomatic cables.

"To continue our business, we would need to find a way or other to get this money back," he said.

He did not explain exactly how Wikileaks was losing so much money with the website, but several banks or payment systems have reportedly stopped doing business with it.

"I would say that the pressure reinforces my determination," he said in the Swiss interview. "But from a financial point of view, it's another matter."


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: assange; leaks; perp; wikileaks
Julian Assange Book Deal: Assange to Keep WikiLeaks Afloat With New Book

I wonder if bubble butt got his loot back.

Michael Moore Pledges $20,000 Towards Julian Assange's Bail

1 posted on 01/11/2011 4:30:13 AM PST by Libloather
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To: Libloather

George Soros will pony up...


2 posted on 01/11/2011 4:32:27 AM PST by Spirochete (Sic transit gloria mundi)
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To: Libloather

half a million a week!?!??! WTF are his cost. A high traffic webpage does not cost half a million a week. I guess he can not live high on going on fancy parties and drive expensive cars on donations anymore


3 posted on 01/11/2011 4:43:28 AM PST by 4rcane
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To: Libloather

Will the book consist of all the leaks he got?


4 posted on 01/11/2011 4:48:49 AM PST by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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To: 4rcane

That does seem a bit steep for running a website, even in socialist Europe.


5 posted on 01/11/2011 4:49:32 AM PST by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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To: 4rcane

These are lost revenue streams he got from advertising, donations, etc. It does not reflect his real bottom-line operating costs. If it did, the man is a certifiable idiot setting up an electronic bulletin board that costs him half a million a week, etc.. whatever he’s claiming...


6 posted on 01/11/2011 4:51:21 AM PST by Gaffer
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To: Libloather

Cry me a river...


7 posted on 01/11/2011 5:08:34 AM PST by Michel12
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To: Michel12

Paging the IRS...and numerous Euro tax authorities....chicken ready for plucking.


8 posted on 01/11/2011 5:24:27 AM PST by spokeshave (Islamics and Democrats unite to cut off Adam Smith's invisible hand)
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To: spokeshave

That’s how they put away Al Capon — tax evasion. So why not use it as the quick and easy way to get this assclown off the streets for good?


9 posted on 01/11/2011 5:31:17 AM PST by Babu
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