By Marcus Leach

Wikileaks, the whistle-blowing website, have announced they will cease publication of classified files and focus instead on raising funds to secure its future survival.

The site has, following the publication of numerous top secret US government files, experienced 'a blockade' from US-based finance companies and as such is looking elsewhere for financing.

According to Julian Assange, the founder of controversial website Wikileaks, there has been an "arbitrary and unlawful financial blockade" imposed by Bank of America, Visa, MasterCard, PayPal and Western Union. This has stripped the group of 95% of its revenue, which amounted to "tens of millions of dollars in lost donations at a time of unprecedented operational costs".

"A handful of US finance companies cannot be allowed to decide how the whole world votes with its pocket," Mr Assange added.

"we must now aggressively fundraise in order to fight back against this blockade and its proponents".

Not only that, but the group will take pre-litigation action against the blockade in Iceland, Denmark, the UK, Brussels, the United States and Australia, as well as having lodged an anti-trust complaint at the European Commission.

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