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Bank Drops Lawsuit Against Wikileaks

Ah, the joys of sober second thought. Julius Baer, the bank that tried to bring down Wikileaks, has backed away from the saber rattling. They have dropped their lawsuit.

From the Guardian UK:

The decision by Julius Baer to drop the lawsuit comes following a volte face on Friday by US judge Jeffrey White who reversed a previous injunction ordering the closure of Wikileaks.

Last month, judge White ordered the removal from Wikileaks of the documents relating to Julius Baer and the closure of the website.

This came after the bank sued Wikileaks and San Mateo company Dynadot, trying to stop the alleged “unlawful dissemination of stolen bank records and personal account information of its customers”.

Dynadot, which provided Wikileaks’ domain name in the US, agreed to disable the website in exchange for the bank removing it from the lawsuit.

However, the bank’s lawsuit backfired when dozens of lawyers from free speech and civil rights groups rallied to support Wikileaks.

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