‘Treasure ship’ claim raises eyebrows in South Korea

This handout photo shows an underwater wreckage, claimed by South Korea's Shinil Group to be the Russian battleship Dmitri Donskoii which sank in 1905 off Ulleung Island, South Korea. This photo was distributed on July 17, 2018. Yonhap/via REUTERS

SEOUL (Reuters) – A company claiming to have found the wreck of a Russian warship with $130 billion in gold “treasure” off the coast of South Korea has drawn scepticism from researchers and regulators in Seoul. Shinil Group, which lists a Singapore address on its website, said on Tuesday it had discovered the wreck of […]

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