6 years ago
Colombia has billions in sunken treasure lying off its coast. But who owns it?
Sitting at the bottom of the ocean, just off Colombia’s coast, is one of the hemisphere’s richest treasures: a Spanish galleon packed with billions of dollars worth of New World gold, silver and emeralds. The fight over who will profit from the San José shipwreck and its precious cargo — thought to be worth between $4 billion and $17 billion — has dragged on for almost four decades amid legal challenges and allegations of back-stabbing, international espionage and unbridled greed.
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