Wikileaks founder Julian Assange, arrested in England on an Interpol arrest warrant issued in Sweden for questioning in a rape case, faces a London magistrate later this morning to learn his fate. Bail is a possibility although the high-profile international nature of his possible crimes may keep him behind bars until extradition.

LONDON, ENGLAND - OCTOBER 23: Wikileaks founder Julian Assange (C) arrives to hold a press conference at Park Plaza Hotel on October 23, 2010 in London, England. A series of new leaks of American military documents, nearly 400,000 in total, have been released by the whistleblowing website, Wikileaks. The files detail how the torture and the abuse of detainees by Iraqi police, was ignored by US forces. (Photo by Dan Kitwood/Getty Images)

The details of this breaking news story are that Julian Assange turned himself in to local police in London around 9:30am local time. He was immediately arrested and placed behind bars, something that the Swedish authorities have sought for two weeks because of serious allegations against him. He has been accused by two women in Sweden for various sexual charges including rape, something that Assange denies although the evidence was enough for local prosecutors to seek his extradition for questioning.

You can read more about the latest news here and here and here.

London issued a statement shortly after his arrest. It confirmed that Julian Assange is wanted on “one count of unlawful coercion, two counts of sexual molestation and one count of rape.” The charges stem from alleged crimes occurring in August of 2010.

His arrest is in connection with these charges and has nothing to do with the investigation currently underway in the United States, confirmed by U.S. Attorney General, which is widely considered to be for espionage activities against the U.S. The investigation for subversive activities was launched in response to the massive leaking of state secrets on his site and related mirror sites which have spread the secrets across the internet.

Julian Assange threatened a massive release of all information he possesses, some hundreds of thousands of U.S. documents, should he be arrested. Now that he is in custody, the world awaits to see if he really meant it.

Julian Assange arrested in London. Reader thoughts?