‘Treasure-laden’ Russian shipwreck sparks controversy | Fox News

A recently discovered 113-year-old Russian shipwreck that may contain more than $130 billion in gold bars and coins is sparking controversy.

In a statement released Tuesday, salvage company Shinil Group confirmed that the stern of the vessel, the Dmitry Donskoi, once part of the Russian Imperial Navy, had been discovered off South Korea’s Ulleungdo Island. The 5,800-ton ironclad cruiser was badly damaged following an attack by Japanese warships during the Russo-Japanese War and was scuttled in the Sea of Japan on May 29, 1905.

Source: ‘Treasure-laden’ Russian shipwreck sparks controversy | Fox News

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