(WMC) - The most recognized, and perhaps the most trusted and turned-to, fact-checking site on the internet is in danger of closing.
According to a post on Snopes.com, the fact-checking organization is in a battle over its ability to place advertising on the website. The website is free for anyone to look up claims or information and Snopes said the only revenue source it has comes from advertising.
In a campaign titled "Save Snopes," the message asks for readers to provide a donation of $10 to keep the service up and running.
The GoFundMe, which was created Monday, was seeking to raise $500,000 and in less than two days has raised more than its goal. As of Wednesday afternoon, the site has already raised over $568,000.
"Since our inception, we have always been a self-sustaining site that provides a free service to the online world: we've had no sponsors, no outside investors or funding, and no source of revenue other than that provided by online advertising. Unfortunately, we have been cut off from our historic source of advertising income," Snopes wrote.
The allegations, according to Snopes, is that the outside vendor had a contract with Snopes, but the contract expired. However, Snopes alleges "the vendor will not acknowledge the change in contractual status and continues to essentially hold the Snopes.com website hostage."
Bardav Inc, Snopes' parent company, is in a battle with Poynter Media. The battle is over rights to the money driven to the site from advertising.
Snopes said it has authority over the content placed on the site, but does not have the authority to put advertising on it at this moment- which is the source of revenue for the site.
However, in a statement to Poynter, Proper Media disputed some of the allegations being made by Snopes.