
The reason given is just that the Classic option was no longer financially viable, although players on Classic servers can expect nice welcome packages if they choose to hop to the Phoenix version of the game. No word on any cash shop closures or refunds, although those may simply transfer laterally. Our condolences go out to the players affected by this shutdown.
Source: Official Site
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Huh. I didn’t even know there was a way to access the classic servers. When I reinstalled a few months ago to get some screenies of me and my wife’s old chars, they were all gone. And they seem to have screwed up the translation of the game somehow.