Back to what you were saying in the above post. The source code is available for TrueCrypt and the problem is standards / licensing issues mostly rather than security. However there is a security concern in the way TrueCrypt was being developed behind closed doors. I think the security issue could have been solved, but the free software issues could not, due to copyright ownership having passed over to a hostile entity and as such licenses could not be changed. This is why it's ideal for copyright assignments to be handed over to an entity like the Free Software Foundation, the GNU project, etc.

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