Texas Emergency Cease and Desist Order Against TEXITcoin

TX SSB Securities Enforcement

Filed February 1st, 2026

Detected February 27th, 2026

Summary

The Texas State Securities Board has issued an Emergency Cease and Desist Order against TEXITcoin, MineTXC, Blockchain Mint, and Robert J. Gray. The order alleges violations of Texas securities laws related to the unregistered offering and sale of cryptocurrency.

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What changed

The Texas State Securities Board, through its Deputy Securities Commissioner, has issued an Emergency Cease and Desist Order (Order No. ENF-26-CDO-1893) against TEXITcoin, MineTXC, Blockchain Mint, and Robert J. Gray. The order finds that these entities and individual are engaged in the unregistered offering and sale of securities in the form of cryptocurrency, violating Texas securities laws. The respondents are accused of misrepresenting TEXITcoin as a mineable cryptocurrency and its associated entities as partners in mining, manufacturing, and marketing.

This order requires the named respondents to immediately cease and desist from offering or selling any securities in or from Texas. Failure to comply will result in further enforcement action by the State Securities Board, potentially including civil penalties and injunctions. Investors who have purchased or been solicited to purchase these securities should be aware of the potential risks and may wish to consult with legal counsel regarding their rights and options.

What to do next

Cease and desist from offering or selling any securities in or from Texas.
Review any prior solicitations or sales of TEXITcoin, MineTXC, or Blockchain Mint in Texas.

Penalties

Civil penalties and injunctions may be sought for non-compliance.

Source document (simplified)

CRISTI RAM ÓN OCHOA DEPUTY SECURI TIES COMMISSIONER Mail: P.O. BOX 131 67 AUSTIN, TEXAS 78711-3167 Phone: (512) 305-8300 Facsimile: (512) 305-8310 Texas State Securities Board 208 E. 10th Stree t, 5th Floor Austin, Texas 78701-2407 www.ssb.tex as.gov E. WALLY KINNEY CHAIR ROBERT BELT MEMBER MELISSA TYROCH MEMBER EJIKE E. OKPA II MEMBER DAVID B. MONTGOMER Y MEMBER IN THE MATTER OF TEXITCOIN, MINETXC, BLOCKCHAIN MINT, AND ROBERT J. GRAY § § Order No. ENF-26-CDO-1893 § EMERGENCY CEASE AND DESIST ORDER This is your OFFICIAL NOTICE of the issuance by the Deputy Securities Commissioner of the State of Texas (“ Deputy Securities Commissioner”) of an EMERGENCY CEASE AND DESI ST ORDER pursuant to Section 4007.104 of The Securities Act, Tex. Gov't Code Ann. §§ 4001.001-4008.105 (the “S ecurities Act”). The Enforcement Division of the Texas St ate Securities Board (the “Enforcement Division”) has presented evidence sufficient for the Deputy Securities Commissioner to find that: FINDINGS OF FACT 1. TEXITcoin (hereinafter re ferred to as “Respondent TEXI Tcoin”) can be served at 424 Rose Garden Drive, McKinney, Texas 75072. 2. MineTXC (hereinafter referred to as “Respondent MineTXC”) can be served at 424 Rose Garden Drive, McKinney, Texas 75072. 3. Blockchain Mint (hereina fter referred to as “Respondent Mint”) can be served a t 424 Rose Garden Drive, McKinney, Texas 75072. 4. Robert J. Gray (hereinafter “Respondent Gray”) is the founder of Respondent TEXITcoin, Respondent MineTXC and Re spondent Mint. He can be served at 424 Rose Garden Drive, McKinney, Texas 75072 and 10550 Rose Bud Court, McKinney, Texas 75072. OVERVIEW 5. Respondent TEXITcoin purports to be an inexpensive mineable blockchain-based cryptocurrency located in Texas. Respon dent MineTXC is the Texas-based mining partner of Respon dent TEXITcoin. 6. Respondent Mint is the Texas-based cold storage coin manufacturing partner of Respondents TEXITcoin and MineTXC. Re spondent Mint also acts as the marketing arm for Respondents TEXITcoin and MineTXC.