Bank of America Blacklists WikiLeaks

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Financial institutions continue to make moves to cut off WikiLeaks funding supply. Bank of America announced that they are cutting off the group following similar actions by Paypal, Mastercard, Visa, and the Swiss bank PostFinance. Bank of America's statement on the issue was decidedly vague, but the action may have something to do with the rumor that WikiLeaks is in possession of gigabytes worth of data from a Bank of America executive's hard drive.

Bank of America has added its name to a list of several financial institutions that have refused to process payments for WikiLeaks as the site reportedly readies a document release that targets the banking giant.

"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 announced late yesterday...

The move comes as WikiLeaks is reportedly readying a document dump that targets Bank of America.

Read the full story at CNET.

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Alexis C. Madrigal

Alexis Madrigal is a senior editor at The Atlantic, where he oversees the Technology Channel. He's the author of Powering the Dream: The History and Promise of Green Technology. More

The New York Observer calls Madrigal "for all intents and purposes, the perfect modern reporter." He co-founded Longshot magazine, a high-speed media experiment that garnered attention from The New York Times, The Wall Street Journal, and the BBC. While at Wired.com, he built Wired Science into one of the most popular blogs in the world. The site was nominated for best magazine blog by the MPA and best science Web site in the 2009 Webby Awards. He also co-founded Haiti ReWired, a groundbreaking community dedicated to the discussion of technology, infrastructure, and the future of Haiti.

He's spoken at Stanford, CalTech, Berkeley, SXSW, E3, and the National Renewable Energy Laboratory, and his writing was anthologized in Best Technology Writing 2010 (Yale University Press).

Madrigal is a visiting scholar at the University of California at Berkeley's Office for the History of Science and Technology. Born in Mexico City, he grew up in the exurbs north of Portland, Oregon, and now lives in Oakland.

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