Admiralty & Maritime Law
Spain Claims US ‘Pirates’ Stole Sunken Treasure from Underseas Galleon
Posted May 9, 2008, 05:02 pm CDT
By Martha Neil
A federal court ruling against a Florida-based deep-sea exploration company last month apparently has led to a claim by the Spanish government that Odyssey Marine Exploration "pirates" stole underseas treasure from a Spanish warship sunk by the British navy off the coast of Portugal in 1804 with some 200 people aboard.
Although Odyssey said in 2007 that it found a trove of 500,000 silver and gold coins reportedly worth some $500 million in international waters, a Washington, D.C.-based lawyer for the Spanish government says otherwise, reports the London Times.
"The mystery is over,” says attorney James Goold. The treasure “belongs to the Spanish Armada.”
The Spanish government filed a claim Thursday against Odyssey in an ongoing federal… Continue reading...
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