Certainly at the time there was talk of coercion, there was talk the developers had been asked to put in a backdoor, had refused and then been encouraged to cease and desist their work on TrueCrypt and provide written recommendation of BitLocker, the wording of which did not seem to be their own. But people like conspiracies, maybe the authors did just move on, and if that was encouraged it probably was not as sinister as suggested. Security and privacy will always be duking it out.

These days, if you're not on Windows you can use luks or just zfs with encryption enabled. Code is open and can be audited by anyone. But yes, VeraCrypt to my knowledge is also still a viable option.