The TrueCrypt website has been changed it now has a big red warning stating "WARNING: Using TrueCrypt is not secure as it may contain unfixed security issues". They recommend using BitLocker for Windows 7/8, FileVault for OS X, or (whatever) for Linux.
So, what happened? The TrueCrypt site says:
This page exists only to help migrate existing data encrypted by TrueCrypt.
The development of TrueCrypt was ended in 5/2014 after Microsoft terminated support of Windows XP. Windows 8/7/Vista and later offer integrated support for encrypted disks and virtual disk images. Such integrated support is also available on other platforms (click here for more information). You should migrate any data encrypted by TrueCrypt to encrypted disks or virtual disk images supported on your platform.
Did the TrueCrypt devs (or SourceForge?) get a NSL? They are offering a "new" version (7.2), but apparently the signing key has changed and a source code diff seems to indicate a lot of the functionality has been stripped out. What's up?
To be fair, this also applied to China and Russia. Just stick to Made in EU open source encryption, communication equipment and operating systems until the ninth circuit bans NSLs. Right now, even if you trust a US based developer, he can't legally disclose backdoors and information he supplies to his government. So, just don't risk it.
That was the reason why OpenBSD was developed in Canada. Back then (before 1996 or so), it was illegal to export greater than 40bit encryption outside the US, so Theo refused to use any US resources to store OpenBSD.
What is sad, is that the most tinfoil-hatted of us was finally revealed to be right!