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Popular Encryption Tool TrueCrypt Mysteriously Shuts Down

Thursday 29th, May 2014 / 12:19

A popular open-source encryption program often used to secure desktop bitcoin wallets is compromised, according to its developers.

The program, TrueCrypt, was deemed “not secure” due to “unfixed security issues” according to a notice on its SourceForge page that appeared on 28th May. Users who attempted to access the program’s website,, were redirected to the SourceForge page.

The appearance of the mysterious notice followed the announcement that development on TrueCrypt ended this month after Microsoft stopped supporting Windows XP. The TrueCrypt website now contains instructions for migrating data from TrueCrypt to BitLocker, a similar program developed by Microsoft.

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