On September 28, 2020, the U.S. Commodity Futures Trading Commission filed a civil enforcement action against Laino Group Limited (which did business under the name PaxForex) a company registered in St. Vincent and the Grenadines. The CFTC’s complaint charges the defendant with engaging in unlawful retail commodity transactions and failing to register as a futures commission merchant (FCM). According to the complaint, from at least March 2018, PaxForex offered or engaged in unlawful retail commodity transactions in litecoin,…