Bobby Gray has confirmed a federal investigation into TexitCoin by the SEC.
Speaking on the latest
March 24th “Texit Coin Miner Update” webinar
, Gray revealed “something I’ve been keeping a secret for a while now”;
[19:41] Back on February 11th, the same day that the Texas cease and desist dropped, that was actually thing number two that happened that day.
To start my day I got a subpoena from the SEC, asking for all kinds of different stuff relating to TexitCoin.
[20:09] I got [subpoenas] for TexitCoin, MineTXC, Blockchain Mint and myself personally.
Gray goes on to confirm that since his own subpoenas were served, his wife, father, daughter and several TexitCoin insiders and/or promoters have also received SEC subpoenas.
That the SEC is investigating TexitCoin and Gray comes as no surprise.
BehindMLM reviewed TexitCoin in September 2025
and, based on our own research, found an obvious unregistered investment scheme (securities fraud).
The Texas State Securities Board
issuing a TexitCoin cease and desist in February 2026
further confirmed securities fraud. As it pertains to unregistered investment schemes, materially there is no difference in securities law at the US state and federal levels.
Gray maintains TexitCoin’s unregistered investment scheme, which primarily targeted US consumers, took in $150 million. Whether the DOJ is also investigating TexitCoin and Gray is unknown at this time.
What we do know is Gray, who is currently in Singapore, previously stated
he will not voluntarily return to the US until he has confirmed TexitCoin criminal charges are not pending
.
Given DOJ investigations are typically non-public, how Gray intends to confirm there are no pending TexitCoin criminal charges is unclear.
Prior to revealing his SEC subpoena on the March 24th webinar, Gray disclosed he has a prior criminal record for “fleeing and eluding”.
🤖 Quick Answer
Has the SEC opened an investigation into TexitCoin and Bobby Gray?Yes. Bobby Gray publicly confirmed during a March 24th webinar that on February 11th he received SEC subpoenas targeting TexitCoin, MineTXC, Blockchain Mint, and himself personally. He further disclosed that his wife, father, daughter, and several TexitCoin insiders and promoters subsequently received SEC subpoenas as well, indicating a broad federal investigation.
What prompted the SEC investigation into TexitCoin?
The exact regulatory trigger has not been publicly disclosed. However, the SEC subpoenas were served on the same date that a Texas state cease and desist order was issued against TexitCoin, suggesting coordinated state and federal scrutiny into the project's securities compliance and fundraising activities.
**Who has received SEC subpoenas in connection with the TexitCoin investigation?
📰 Aggiornamenti e Notizie Correlate
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5. Crypto Scheme Operators Ordered to Pay $46 Million in SEC Suit - Bloomberg Law News — Wed, 27 Aug 2025 21:47:00 GMT
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