[immortalwon]

Nice, thank you for this. Does this audit count for the latest version or just 7.1a?

[NoScript]

Yeah but they did find vulnerabilities in it plus its kinda buggy so TrueCrypt is pretty much useless now since there are other solutions that are 10x better than this program.

[Null Byte]

Yup, just as I expected. Although this does make the Truecrypt takedown even more worrying... Like the NSA siezed the site or something.

[Ghanem]

It probably depends on the country, but it would be harsh. Where was this?

I'm no expert by far, but I also think that a fully encrypted external drive when connected to a PC, looks just like an empty drive. e.g. Windows ask every time to reformat it. But I guess they could prove it with lie detector or similar...

I doubt the feds would need a lie detector on your ass to find that out.
If you crypt an external drive, they'll still see it's full of "random" data.
Then I'm pretty sure they can look a little more and figure out you used any software to crypt it.

From that point forward, they don't care which one it is, they'll want the master key and/or the password.
And yes, the cops are allowed to force you. I saw that in the US and western Europe.
If you don't cooperate, you can get several years of jail etc.

[NoScript]

There is no alternative to TrueCrypt that would combine no charge, audited + performance.

Well you could always use VeraCrypt - https://veracrypt.codeplex.com/