Judge orders US deep-sea firm to reveal shipwreck info in fight with Spain over $500M booty
A federal judge has denied a bid by Florida deep-sea explorers to keep secret the details of a 19th-century shipwreck that has yielded $500 million in treasure, a ruling the Spanish government applauded Friday.
U.S. Magistrate Judge Mark Pizzo threw out Odyssey Marine Exploration's request Thursday to keep information including the identity of the ship sealed as the company argues with Spain over ownership of the 17 tons of silver coins and other artifacts retrieved last year.
The company followed with a news release announcing that the shipwreck was likely the Nuestra Senora de las Mercedes y las Animas, a Spanish galleon that sank in the Atlantic Ocean southwest of Portugal in 1804. The announcement confirmed what was already widely believed in Spain and elsewhere.
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U.S. Magistrate Judge Mark Pizzo threw out Odyssey Marine Exploration's request Thursday to keep information including the identity of the ship sealed as the company argues with Spain over ownership of the 17 tons of silver coins and other artifacts retrieved last year.
The company followed with a news release announcing that the shipwreck was likely the Nuestra Senora de las Mercedes y las Animas, a Spanish galleon that sank in the Atlantic Ocean southwest of Portugal in 1804. The announcement confirmed what was already widely believed in Spain and elsewhere.