Combine graham cracker crumbs, 1/2 cup melted butter, and granulated sugar in a medium bowl until uniform.
Press the mixture firmly into the bottom of a 9x13 inch baking dish and freeze for 10 minutes to set.
Beat softened cream cheese and powdered sugar in a large bowl until smooth.
Fold in 8 ounces of whipped topping into the cream cheese mixture and spread evenly over the chilled crust.
Whisk instant butterscotch pudding mix and milk together in a separate bowl for 2 minutes; allow to sit for 5 minutes until thickened.
Spread the pudding mixture evenly over the cream cheese layer.
Combine brown sugar, 1/4 cup butter, and heavy cream in a small saucepan over medium heat and bring to a simmer for 3 minutes.
Stir in the chopped pecans, remove from heat, and allow the praline mixture to cool completely to room temperature.
Spread the remaining 8 ounces of whipped topping over the pudding layer.
Drizzle the cooled pecan praline mixture over the top of the dessert.
Refrigerate for a minimum of 4 hours to ensure the layers are fully set before slicing and serving.