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Treasure hunter jailed for Ship of Gold coins released after 10 years

Tommy Thompson, a deep-sea treasure hunter famous for discovering the "Ship of Gold" (the S.S. Central America) in 1988, has been released from prison after serving over a decade. He was jailed for contempt of court after refusing to disclose the whereabouts of 500 missing gold coins from the shipwreck, which sank in 1857 with a significant treasure. Thompson maintained the coins were turned over to a trust and that sale proceeds primarily covered legal fees and loans, while investors accused him of cheating them. AI

RANK_REASON The cluster discusses the release of an individual from prison after a lengthy legal battle related to a past discovery, rather than a new event or significant industry development.

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Treasure hunter jailed for Ship of Gold coins released after 10 years

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · The Associated Press, John Seewer ·

    Man hailed as a hero for finding the Ship of Gold and then jailed for losing the coins now released after a decade in prison

    He was a celebrated deep-sea explorer who pulled off one of the greatest shipwreck discoveries in history. Then he went on the run, landed in prison, and refused to say where the missing gold went.