TEXITcoin / MineTXC / Blockchain Mint
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anchored·2gLfXx…gBYWSummary
TEXITcoin is a Texas-themed cryptocurrency venture founded by Robert J. 'Bobby' Gray of McKinney, Texas, operating alongside mining arm MineTXC and marketing/cold-storage arm Blockchain Mint. On February 11, 2026, the Texas State Securities Board issued Emergency Cease and Desist Order No. ENF-26-CDO-1893, alleging the respondents illegally and fraudulently sold unregistered 'Mining Package' securities to Texas residents through a multilevel marketing structure promising passive daily returns. An evidentiary hearing before Administrative Law Judge Katerina DeAngelo opened August 17, 2026; a final recommendation is expected by December 22, 2026, and no adjudication on the merits had been issued as of September 2026.
Connected Entities
1 entityNo connected entities recorded yet — this investigation is not currently linked to any other page in the index.
Timeline(12 events)
1 September 2013
Mulligan Mint, a Dallas-area silver-minting company led by Robert Gray, filed for Chapter 11 bankruptcy after allegations that $1.4 million in silver went missing from a shipment; the case was later converted to Chapter 7 liquidation.
Dallas Observer / American Bankruptcy Institute1 January 2021
An earlier altcoin venture associated with Robert Gray, also connected to Mulligan Mint, reportedly filed for bankruptcy and shut down. Exact date approximate; year cited in TSSB enforcement materials.
Dallas Morning News / TSSB order allegations1 September 2025
TEXITcoin (TXC) token reached a peak price of approximately $6.35–$7.
Disruption Banking / Texas Public Radio11 February 2026
Texas State Securities Board issued Emergency Cease and Desist Order No. ENF-26-CDO-1893 against TEXITcoin, MineTXC, Blockchain Mint, and Robert J. Gray, alleging fraudulent sale of unregistered securities.
Texas State Securities Board12 February 2026
Robert Gray stated via Zoom call that he was in Hong Kong and intended to remain there, the day after the emergency order was issued.
Disruption Banking19 February 2026
Dallas Morning News published coverage of the enforcement action; token price had dropped below $0.30 from above $6 in the fall.
Dallas Morning News24 February 2026
TEXITcoin, MineTXC, Blockchain Mint, and Gray formally requested a hearing to challenge the cease-and-desist order.
GlobeNewswire8 July 2026
Quinn Emanuel Urquhart & Sullivan, retained by TEXITcoin, filed a Motion for Summary Disposition in SOAH Docket No. 312-26-14427 seeking early dismissal before the evidentiary hearing.
GlobeNewswire14 August 2026
Texas Public Radio and Texas Standard reported on TSSB's preparation of its fraud case; Gray was now described as based in Singapore in a 'self-imposed exile.'
Texas Public Radio17 August 2026
Four-day evidentiary hearing opened before Administrative Law Judge Katerina DeAngelo at the State Office of Administrative Hearings in Austin.
Texas Public Radio9 October 2026
Post-hearing initial briefs due from parties; final briefs due October 23, 2026.
Texas Public Radio (hearing coverage)22 December 2026
Administrative Law Judge's formal recommendation expected by this date. No final adjudication on the merits as of the date of this investigation (September 2026).
Texas Public Radio (hearing coverage)Decision Log
- hash: 6ZpBw9DdEv9z7BFYyG5DKxP6qT3KG7dM9BK1cJVHZtMz
This investigation is cryptographically anchored to the Solana blockchain (1 event). 11 of 16 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 9/25/2026, 5:20:28 PM
last updated: 9/25/2026, 7:14:38 PM
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