Bank of America Blacklists WikiLeaks

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.