No there's nothing stopping WhatsApp from lying to you, although if they are then the double checkmark seems like the least of your worries.
As far as I can tell this 'backdoor' is only relevant for the scenario where WhatsApp is not actively malicious, but gets taken over by a malicious entity, which wants to target someone who's disabled updates.
As far as I can tell this 'backdoor' is only relevant for the scenario where WhatsApp is not actively malicious, but gets taken over by a malicious entity, which wants to target someone who's disabled updates.