is truecrypt dead?

[griffin@cryptolab.net (Griffin Boyce)]

   My suspicion is that either they were hacked (and had their key 
stolen), or that they were ordered to shutdown and recommend Microsoft's 
(presumably backdoored) BitLocker as a replacement.  BitLocker's 
enterprise documentation makes me *incredibly* suspicious that it is 
susceptible to monitoring by third-parties.

   Even being embarrassed by whatever bugs the second phase audit 
uncovered wouldn't explain the sudden recommendation. And why not 
ecryptfs or ~literally anything else~ ?

   Pardon my tinfoil hat.

~Griffin