Encryption failed when the system components were moved to a new casing.
Same hardware components, except for new video card installed.
Solution
1. Used the old video card
2. Plugged the SSD to SATA port with Intel Controller resolved the issue.
Intel DZ77RE-75K
SATA Controllers
Marvell - Gray SATA ports
Intel - Blue/Black SATA ports
Cause:
When the system was transferred to the new casing, SSD was mistakenly plugged to the SATA port using Marvell Controllers - Gray SATA port.
This is posted as reference for users experiencing the same issue.