I don't think so, but it doesn't have tremendous integrity, either.
Consider:
Dozens of auctions are running simultaneously. They typically run in 90 seconds. By the time you scroll down and see an auction that's interesting, there may be only a few seconds left in which to decide what to do.
Suppose it looks like this:
Great deal! You bid on it, right??? After all, it says right there that it's "ONE TROY OUNCE" and that it is "100 MILS .999 FINE GOLD" It retails for $499. Yet it's just $2?
It isn't until you dig into the details you see that it's not an ounce of gold at all. It's an ounce of gold CLAD metal, but the reference to "CLAD" has been obscured by the statement that there are "Only 3 Left". It's hard to believe that that the information wasn't covered up intentionally.
As you use Tophatter, you find many other instances of similar obfuscation, all designed to entice folks to bid before they really understand what they're buying.
My favorite is the one that shows two pressure cookers. If you look closely, though, it says that what you're buying is the rubber seals for the cookers, not the cookers themselves. These auctions often get into the range of $20 or $30. I have my doubts that many of the buyers realize what they're buying.