It seems to me that the auction is technically worded correctly but the words "new artist" could deceive people into thinking this is a new Wacky artist. It comes across that way to me and even after I read the rest of the auction it's still not quite clear. If the auction is meant to poke fun, fine. If people are buying them with full knowledge of what they are, fine. If it doesn't infringe on Topps, fine. Everybody should call themselves a "new artist" and start making some and see what happens
But if this is intentionally designed to trick people, then that's not fine.