That is obviously fake.
That is not her body in that photoshopped picture. Her boobs are not that big.
Secondly, the dangling johnson is actually a partial view of the bridge support exactly in the middle between the two other supports in the photo. The tension on the fabric from the wider portions of the upper thighs makes the dress translucent above the knees.
I have never believed she is transgender. And Snopes couldn't help itself from the usual propaganda claims it cannot support by evidence, and terms like "baseless" which these rumors certainly are not given the strange anatomical photos and her masculine vibe.
That said, I still don't believe she was born a man; but Snopes' inability to convince me due to its anguished advocacy is not at all what convinced me; but rather her baby and toddler photos with her parents and brother.