The San Jose galleon was believed to have been carrying billions worth of treasure when it was sunk in 1708.
The San Jose galleon was believed to have been carrying billions worth of treasure when it was sunk in 1708.
  • A US-based salvage company is suing Colombia for half a prized shipwreck's $20 billion treasure.
  • The company claims it first found debris from the San José which sunk in 1708.
  • But the Colombian government disputes the company's claims and says the treasure is a national heritage.

A sunken Spanish warship that lay undiscovered at the bottom of the ocean for nearly three centuries is spurring a modern-day legal battle over who has the rights to its billions of dollars worth of antique treasures.