Myth or Fact: Atlantis Atlantis was discovered in the 20th century by underwater archaeologists. Myth Fact None Plato was the first to write about Atlantis. Myth Fact None Atlantis was located in the Atlantic Ocean, west of the Pillars of Hercules. Myth Fact None Atlantis is often linked to the volcanic destruction of the Minoan civilization on Santorini. Myth Fact None The story of Atlantis is an allegory for hubris and the dangers of unchecked power. Myth Fact None Time's up Most Popular