While WikiLeaks, the whistle-blowing website, was founded on openness and bringing classified or confidential government and corporate documents to the public for believing in transparency, its funding stands in sharp contrast to its principles. According to today’s Wall Street Journal report, WikiLeaks has set up an elaborate global financial network to keep its own funding a big secret.
Angered by the site’s decimation of sensitive information, some governments and corporations have already taken the grouo and its founder to court or blocked access to it. Now the the group fears that its money and infrastructure could be next target, WikiLeaks’ founder Julian Assange told WSJ reporters Jeanne Whalen and David Crawford in an interview in London. This interview was given soon after the site published 76,000 classified U.S. documents about the war in Afghanistan in July. The move sparked international controversy and put WikiLeaks in the spotlight, the WSJ report says.
Fearing reprisal, the group has obscured the source of funding by establishing a complex system for collecting and spending its donations. This system is being managed by a foundation in Germany, established in memory of a computer hacker who died in 2001, Assange said in his interview.
Since its inception, the founder said, WikiLeaks’s financial stability has swelled and declined to the extent that late last year the site was shut down briefly. But, now group has raised about $1 million since the beginning of this year, asserted Assange to the reporters.
Although, the founder refused to identify the names of donors or companies and organizations providing money, Assange shed some light on the funding structure. As per the WSJ report, major support of WikiLeaks’s financial network comes from Germany’s Wau Holland Foundation. Because the German law protects the foundation from disclosing names of its donors, the web site is asking donors to contribute to its account at the foundation. Because the foundation "is not an operational concern, it cannot be sued for doing anything. So the donors’ money is protected from lawsuits, Assange told the reporters.
Additionally, there are many other sources of income for WikiLeaks. For instance, it is registered as a library in Australia, a foundation in France, and a newspaper in Sweden. In the U.S., WikiLeaks has two tax-exempt charitable organizations, reports WSJ.
To hear the current FCC talk about it, 5G mobile service is the be-all and end-all of not only mobile communications, but the answer to most of the co…
mCart by Mavatar announces the launch of the world's first blockchain-based decentralized mCart marketplace by the FX Group.
Federal judge Richard Leon gave the $85 billion deal the green light today - and without any requirements to sell off any parts of the company. He als…
There are now thousands of blockchains, and unless you are a cryptophile, you won't recognize most of them.
Ribbon Communications tells its story at Perspectives18.