In yet another setback this week for WikiLeaks, Paypal has pulled the plug on the site’s donation account, citing criminal activity by the organization. Find out what this means for the ailing site, and see pictures and video on the story below!

KLEINMACHNOW - DECEMBER 17:  A sign for Internet payment transaction portal PayPal stands outside the eBay Germany headquarters on December 17, 2009 in Kleinmachnow, Germany. The German service industry labour union ver.di has announced that eBay is to fire 400 of the 630 employees at the Kleinmachnow center. PayPal belongs to eBay.  (Photo by Sean Gallup/Getty Images)

Acclaimed by some, but vilified by most, Julian Assange’s classified information website took yet another hit this weekend. After getting booted from U.S. and French servers, the site is now continuing its fragile existence on a Swiss server while attempting to fend of the continuous stream of attacks from hackers and threats against Assange’s person and family.

Now, with the loss of WikiLeaks’ Paypal account, a major source of revenue for the embattled site has been lost. Citing criminal activity by Assange’s organization, the global payment service canceled the account in accordance with it’s bylaws. Still, with no official criminal suits being held against the site at this time, it’s unclear how the payment service qualified its claims of illegal activity.

Still, the payment account wasn’t canceled without consequence. A massive Denial of Service attack was carried out against the payment provider following the account cancellation, causing the site’s blog to go offline for over 8 hours.

“ is now back up after 75 service interruptions and 8 hours 15 minutes of total downtime. This report doesn’t take into account the many hours that resolved to a 403 error,” PandaBlogs researcher Sean-Paul Correll said.

Now, relying solely on Switzerland for banking, site hosting, and possibly seeking political asylum there in the near future, Julian Assange has certainly been boxed into a corner. But you know what they say about cornering dangerous animals: that’s when they’re most dangerous. Threatening to unleash a huge payload of information on everything from China to Bank of America if his site is shut down, the next few weeks will no doubt be a pivotal time for Assange and the global powers attempting to shut his site down.

What do you think of Assange and his site WikiLeaks? Paypal’s cancellation of the site’s payment account could have some serious repercussions for the site. Were the payment company’s actions justified? Check out pictures and video below for more on the story, and then let me know your thoughts in the comment section!

 UPI Photo via Newscom (Photo by Dan Kitwood/Getty Images) (Photo by Dan Kitwood/Getty Images)(Photo by Peter Macdiarmid/Getty Images) (Photo by Dan Kitwood/Getty Images)