Truecrypt was likely developed by only 1 man, Paul le roux, who likely shut it down because he was on the run for being an international drug/human smuggler/cartel member. It’s kind of a crazy story.
But either way both truecrypt and veracrypt were independently audited and no major flaws were found. Not sure when the last veracrypt audit was done.
I for a while was completely into crypto and really hoped it would replace a few mega corporations and enable easy convenient transactions… but that never happened. I can’t buy groceries or pay rent with any crypto. Infact In fact I regret spending the crypto I did have on the very few things or places I could spend it. Crypto(at least imo) went from something new and exciting and limitless to now being only something you buy and then hope the value goes up. It’s useless as anything else. It’s now all snake oil salespeople trying to pump up some shitty crypto that has 0 new features and was created to pump and dump.
The teacher noticed a few irregularities such as the time the student spent inside the submitted project. The cheater student only had around 55 mins logged whereas everyone else had 7-8 hours. That set off alarm bells for the teacher who then actually looked into the paper more and noticed fake citations and it was flagged as “ai” generated when they ran it through a few ai detectors.
But either way both truecrypt and veracrypt were independently audited and no major flaws were found. Not sure when the last veracrypt audit was done.