The Sub Sea Research, a company based in the northeastern US state of Maine, found the British ship SS Port Nicholson on the ocean floor around 30 miles off Provincetown, Massachusetts, the Boston Globe reported.
Greg Brooks of Sub Sea Research claims a US Treasury Department ledger shows platinum bars were on board, as part of a payment from the Soviet Union to the US for war supplies.
He also says he has video footage showing the platinum bars, although none of the bounty has been raised to the surface yet.
"I'm going to get it, one way or another, even if I have to lift the ship out of the water," he said.
"There's a good possibility there are about 10 tons of gold down there, too, and maybe some industrial diamonds," he added.
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