Quebec AMF flags Pump.fun as an unregistered high-risk crypto platform

Quebec’s financial regulator, the Autorité des marchés financiers (AMF), issued an investor warning on Sept. 25 saying crypto asset platform Pump.fun is not registered with the agency and is not authorized to solicit investors in the province. The AMF has also placed Pump.fun on its list of high-risk platforms and identified Baton Corporation LTD as a related entity. The update was carried by Techub News and attributed to Wu Blockchain. The notice centers on registration and authorization status in Quebec, without adding further details in the source text.