What are the contents of your /etc/crypttab?
Note that when the message about 'waiting for device' shows up, you can
just hit 'S' to skip that filesystem and continue booting.
** Package changed: plymouth (Ubuntu) => cryptsetup (Ubuntu)
** Changed in: cryptsetup (Ubuntu)
Status: New => Incomplete
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lucid: Failure to bring up cryptsetup devices by key files
https://bugs.launchpad.net/bugs/532898
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