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Is taking treasure from shipwrecks piracy?

Greg Stem has made millions liberating treasure from shipwrecks, with many accusing him of bounty hunting. He claims, however, that he is just preserving history. In 2003, OME discovered the American Civil War-era SS Republic, 1,700 ft below sea level, 100 miles southeast of Savannah, Georgia. The 14,000 objects that were