I'm sure many of you have heard what happened to TrueCrypt, and left you wondering and saying, "What the heck just happened?"
There are many, but one of the speculations going around at the moment is the assumption that the TrueCrypt developers were contacted and bullied by one of the "alphabet agencies" to create a backdoor in the encryption software, to which the TrueCrypt developers simply said "no!" and decided to shut it down the way Lavabit did.
truecrypt.org started forwarding visitors to another site on sourceforge, and warning people against using TrueCrypt as it was not secure, and recommending "migration" from TrueCrypt to "Bitlocker…?!?", which is proprietary disk encryption software, included in Microsoft's Ultimate/Enterprise versions of Windows and is known to have a backdoor and is compromised.
Why would a developer, who created an encryption software like TrueCrypt because such encryption software like Bitlocker can not be trusted in the first place, end up warning people against using TrueCrypt, and recommending "migration" from TrueCrypt to "Bitlocker". His recommendation is so much against the very reason for the creation of TrueCrypt. TrueCrypt was created because nothing else could be trusted. It just doesn't make any sense. Things just don't add up.
The efforts are already underway at truecrypt.ch to revive and resurrect TrueCrypt as it is an open source application.