PayPal Suspends WikiLeaks Account Yet Again; Freezes Assets

from the no-payments-allowed dept

Wikileaks is an incredibly useful and important site, but there are many (mainly in the government) who would prefer it go away. It's somewhat upsetting to find out that PayPal has (for the second time) frozen all of WikiLeaks' assets. Apparently, the last time this happened it took nearly six months to resolve. That seems problematic:
Paypal has as of 23rd of January 2010 frozen WikiLeaks assets. This is the second time that this happens. The last time we struggled for more than half a year to resolve this issue. By working with the respected and recognized German foundation Wau Holland Stiftung we tried to avoid this from happening again -- apparently without avail.
Update: Wikileaks has now removed this message from its website, so it appears that things have been resolved. I'm a bit confused, however, as to why Wikileaks continues to use PayPal given this issue.

Filed Under: account frozen, paypal, wikileaks
Companies: ebay, paypal, wikileaks


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  1. icon
    Nicholas Overstreet (profile), 25 Jan 2010 @ 6:10am

    Re: Any Financial Regulations Apply?

    Paypal is not a federally insured bank, thus they do not have to play by federal banking laws. They play by their own rules, and is why any money I end up with in Paypal is immediately transferred out. A few years ago I had a nightmare experience where Paypal decided to freeze my account for an eBay auction which I had sold an item over $1k. There was nothing wrong with the transaction other then Paypal wanting proof I had sold what I said I had in the auction. It seemed very odd that Paypal would step in on it's own accord with no issues from either party and just freeze an account like that, but that is what they did, and since then I have never trusted them with my money.

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