Our Path Forward Post TSSB Action

Dear Miner and Supporter,

Welcome aboard, and thank you for standing with me through this journey on the TEXITcoin rocketship. Recent events have been challenging—on February 11, 2026, the Texas State Securities Board issued an emergency cease and desist order against TEXITcoin, MineTXC, Blockchain Mint, and me personally. The order alleges violations of the Texas Securities Act related to the offer and sale of unregistered "mining packages" through what they describe as a multi-level marketing structure promising passive returns.

We take these regulatory actions seriously and are fully cooperating while vigorously defending our position. Rest assured, this is not the end—it's a hurdle on the path we've been walking since I mined the first block in January 2024. My entire career—from the original Bitcoin commemorative coin in 2012, Cold Storage Coins in 2017, Bevis.sg, and now TEXITcoin—has been dedicated to honest, decentralized money that empowers people, not institutions. We've always aimed for transparency, integrity, and real utility, and that hasn't changed.

The order has halted certain promotional activities in Texas, but the core blockchain remains operational as a mineable, proof-of-work cryptocurrency with a fixed supply, low-cost transactions, and Texas-rooted principles. We're addressing the concerns head-on: reviewing all structures, ensuring full compliance with securities laws, and focusing on legitimate community-driven growth without misleading promises. No one was ever guaranteed passive returns—mining rewards come from effort, contribution, and the network's strength, just like Bitcoin.

What hasn't wavered is our resolve. We're working harder than ever to set the record straight, provide clear facts, and continue building. TEXITcoin was created to reclaim financial independence, foster local community trade, and deliver honest money that can't be arbitrarily inflated or controlled. That mission is stronger today because challenges like this remind us why it matters.

To our community: thank you for your trust, patience, and support. I deeply respect the risks you've taken and promise to remain a good steward—communicating openly, fighting for what's right, and pushing forward relentlessly. We're not stopping at top-100; our sights are set higher because honest money deserves to win.

Onward and upward—together.

Bobby Gray

Founder, TEXITcoin