Thievery, deceit and treachery are the lifeblood of commerce in the Dragon Coast. Piracy is all but officially sanctioned. So what happens when the unspoken rules are broken? A Living Forgotten Realms adventure set in the Dragon Coast for character levels 1-4. This adventure is the first part of the Treacherous Waters trilogy, which continues with adventures DRAG2-3 (levels 4–7) and DRAG2-4 (levels 7–10).