“Atlantis admins shut down the site and ran away with the coins. It’s the truth.” - Cicero, Moderator of Atlantis Marketplace forum
A little under six months ago – not long after they opened shop – I conducted the first in-depth interview with online drug barons Loera and Vladimir, founders of Atlantis Marketplace. The two were excited at the prospect of not only wrenching market share from incumbent black market giant Silk Road, but also bringing new business in and legitimising the online illicit drug market space.
Last week, Atlantis announced it was shutting down due to mysterious and unspecified “security concerns”.
The announcement, repeated on the Atlantis Facebook page, official forum, Reddit and Twitter, called it “terrible news” and the owners sounded truly contrite. They gave users a week to withdraw their crypto-currency, after which it would be donated to a “drug-related charity”. That was the last anybody ever heard from anyone representing the administration of Atlantis.