The company claims it first found debris from the San José which sunk in 1708. Court cases over the years have estimated the treasure is worth anywhere from $4 billion to $20 billion, Bloomberg News reported. AdvertisementAdvertisementIn 2015, then President Juan Manuel Santos said the real San José shipwreck had finally been discovered, but declined to make the coordinates public, saying they were a state secret. The company is suing for $10 billion — equivalent to half the value of the ship's treasures, according to the company's estimates — under the US-Colombia Trade Promotion Agreement. Photos and video of the ship show fine china, coins, and cannons littered across the ocean floor where the San José sunk.

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Persons: —, San José, Morra —, COLOMBIA Glocca Morra, Juan Manuel Santos, Gustavo Petro, Culture Juan David Correa Organizations: Service, San, NBC, Bloomberg News, Colombian, Colombia, Bloomberg, Culture, Petro Locations: Colombia, Colombian, Spanish, San, Cartagena , Colombia, US, Spain, San Jose, COLOMBIA