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Bank of America Cuts off WikiLeaks Payments
msnbncBank of America Corp said on Saturday it will not process payments intended for WikiLeaks, which has angered U.S. authorities with the mass release of U.S. diplomatic cables.Wikileaks responds to the payment cutoff on twitter
The largest U.S. bank by assets joins a growing group of financial services companies, including MasterCard, PayPal and Visa Europe, that are restricting payments to the global organization which has said its next large document release will be bank information.
"This decision is based upon our reasonable belief that WikiLeaks may be engaged in activities that are, among other things, inconsistent with our internal policies for processing payments," the bank said in a statement obtained by Reuters.
WikiLeaks has said it will release documents early next year that will point to "unethical practices" at a major U.S. bank, widely thought to be Bank of America.
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