Mad Lads NFTs prices soar as Backpack buys FTX Europe, driving market buzz.
Mad Lads NFTs are on a price upswing after Backpack, their developer, purchased the remnants of FTX Europe.
FTX Europe, a division of the bankrupt FTX exchange, is facing an extended suspension by CySEC due to ongoing regulatory scrutiny stemming from its parent company's bankruptcy in November 2022.