TEXITcoin / MineTXC / Blockchain Mint
Last changed 2026-10-27 · Fact-check review — Fact-check review (verdict: revise): the reviewer checked the page's claims against its sources; the trust score did not change. Version history →
Why this score
| Every page starts at | 65 |
| The subject's own conduct | -95 |
| Concerns that are not fraud | -3.2 |
| Problems around it, caused by others | -1.8 |
| Long-running | +10 |
| Sum | -25 |
- No established finding that it defrauded anyone, so it stays out of the red band (26 or above).
Score: 26/100 (kept between 0 and 100)
How scoring works →Page reliability: Fact-checked 2026-10-27 · 9 of 13 claims confirmed · 3 need better sources · 1 disputed
anchored·2gLfXx…gBYWSummary
TEXITcoin is a cryptocurrency and multilevel-marketed crypto-mining investment program founded by Robert J. "Bobby" Gray, operated alongside affiliated entities MineTXC (mining) and Blockchain Mint (marketing). In February 2026 the Texas State Securities Board issued an emergency cease-and-desist order alleging fraudulent, unregistered sale of "Mining Packages" through a recruitment-driven compensation structure; an administrative hearing followed in August 2026 with no public ruling identified as of this writing. Gray disputes the fraud allegations, has relocated outside the United States, and faces additional allegations — some corroborated only by a single critical outlet or watchdog blog — regarding an SEC inquiry, non-operational mining hardware, and an undisclosed history including a prior company's 2013 bankruptcy.
Connected Entities
2 entitiesTimeline(9 events)
September 2013
Mulligan Mint, a Dallas coin company founded and run by Robert "Rob" Gray, files for Chapter 11 bankruptcy after part of a $1.4 million silver shipment goes missing.
American Bankruptcy Institute / coverage of Bankruptcy BeatSeptember 2025
TXC token price approaches $7, according to founder Bobby Gray.
Texas Public Radio interview with Bobby GrayDecember 2025
TXC token price collapses amid reported liquidity spending and MLM-Ponzi criticism from watchdog outlets.
BehindMLM / Disruption Banking reporting11 February 2026
Texas State Securities Board issues emergency cease-and-desist order against TEXITcoin, MineTXC, Blockchain Mint, and Robert J. Gray.
Fox 26 HoustonFebruary 2026
TEXITcoin formally requests an administrative hearing to challenge the Texas cease-and-desist order.
TEXITcoin press release via GlobeNewswire24 February 2026
New Zealand's Financial Markets Authority issues a public warning naming TEXITcoin, MineTXC, Blockchain Mint, and Robert Gray.
Financial Markets Authority (New Zealand)July 2026
TEXITcoin's legal team, including Quinn Emanuel Urquhart & Sullivan, moves to dismiss the Texas case before a full hearing; the administrative law judge denies the motion, citing disputed facts.
Texas Public Radio17 August 2026
Evidentiary hearing opens in Austin before Administrative Law Judge Katerina DeAngelo on whether to affirm, modify, or set aside the Texas cease-and-desist order.
Texas Public RadioAugust 2026
The four-day administrative hearing concludes; no public ruling on the order's fate has been identified.
CoinMLS commentaryDecision Log
- slot 462168754 · hash 4Jsq4j4zCGpcav9ZHTebETbW4ERKLRanowLaeCZawnLF
- slot 462168749 · hash 6gR1s2kLGJTXteBNBGfCRg89FsD3wzqi2ZNYufF3DzgJ
- slot 462054129 · hash 85sYJtteghHgcVFusqeyNCnZiSTbWStR5GpYfPkE22Cf
- slot 462054124 · hash A9R6oao4N2twJedQfjdHu8QfEhF2azHLdZQJq53PHC4A
- slot 455358056 · hash AGrQ4CocDr3d7ijZjgXB6ABXHaS1qety1E9xLLSvVSXb
- slot 450418187 · hash 6ZpBw9DdEv9z7BFYyG5DKxP6qT3KG7dM9BK1cJVHZtMz
This investigation is cryptographically anchored to the Solana blockchain (6 decisions). 20 of 25 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 9/25/2026, 5:20:28 PM
last updated: 10/27/2026, 6:16:04 PM
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