Though Plato said 10,000 years before, this is the most likely source of the Atlantis story, as the eruption destroyed the Minoan settlement at Akrotiri as well as those on the coast of Crete. It's possible the eruption led to the collapse of the Minoan civilization.
Another quite compelling theory posits the destruction of Thera also caused the Biblical ten plagues of Egypt.
Another quite compelling theory posits the destruction of Thera also caused the Biblical ten plagues of Egypt.