No it's not, It never was, you're falling for ploy by white supremacists to coop the sign.
Racists say theyre using it as a white power hand gesture, people who are affiliated with the KKK use it, people who are affiliated with white nationalists use it, there are photographs of white nationalists using it. Regardless if it was a hoax, its being used as a hand gesture.Do some research and stop letting racists manipulate you.
https://www.adl.org/blog/how-the-ok-symbol-became-a-popular-trolling-gesture
I'm surprised he hasn't said any classified info during this rambling