Iceland’s Supreme Court has ruled that Valitor (formerly Visa Iceland) must pay WikiLeaks $204,900 per month or $2,494,604 per year in fines if it continues to blockade the whistle-blowing site.

The court upheld the decision that Valitor had unlawfully terminated its contract with WikiLeaks’ donation processor, DataCell.

“Today’s decision marked the most important victory to date against the unlawful and arbitrary economic blockade erected by US companies against WikiLeaks,” the organization’s press release stated.

Be interesting to see whether Visa will spend $204k a month in fines rather than lifting the blockade generally. Either way, we win.

— WikiLeaks (@wikileaks) April 24, 2013

WikiLeaks founder Julian Assage thanked the Icelandic people “for showing that they will not be bullied by powerful Washington backed financial services companies like Visa.”

#Assange: “We send out a warning to the other companies involved in this blockade: you’re next.” twitlonger.com/show/n_1rjulqn#wikileaks #wlwin

— WikiLeaks (@wikileaks) April 24, 2013

WikiLeaks asserts that the financial blockade was imposed after the site published leaks exposing corruption within Iceland in December 2010. The leak shed light onto why the country’s banking system collapsed in 2008.

Continue reading at:  http://endthelie.com/2013/04/24/wikileaks-wins-case-against-visa-co...