I can tell you that there is two-handed white power gang sign. And a different hand sign used by Aryan Circle, a white nationalist prison gang. In 2017, notorious "icky website" 4chan started a hoax regarding the OK sign:
https://www.adl.org/blog/how-the-ok-symbol-became-a-popular-trolling-gesture
But it seems as of 2019, it might have actually started getting used as an actual sign:
https://www.adl.org/education/references/hate-symbols/okay-hand-gesture
I was just getting ready to post this very link! The 4chan hoax (that the ok sign is a white power sign) was started sometime in 2017. It was only in September 2019 that the Anti Defamation League added the OK sign to their list of hate symbols because in recent months white supremacists have actually started using it. The ADL posts a picture on their website of the OK symbol with the fingers
up in a
W and with the finger circle and wrist forming the
P - thus the White Power symbol. The hate symbol is not the upside down OK. See here:
https://www.adl.org/education/references/hate-symbols/okay-hand-gesture
If you look at memes of the circle game, all the fingers are either pointing down in a M or to the side - not straight up in a W. On Pinterest there are tons of pictures of the circle game fingers (heck there are even t shirts). Kids send the pics to each other all the time as a "gotcha." The below the waist followed by a punch part of the game has morphed with the digital age into showing the upside down OK in pictures and videos (especially on the sly) as a digital "gotcha" - a lot like getting "rick rolled." There are memes/photos/videos of famous actors doing the circle game fingers during their interviews, sports stars doing the circle game fingers while doing their sports, etc. This is where the kids are getting it from.
Did any of you read about the the suburban high school in Chicago? In May 2019 they spent $80,000 to reprint all their yearbooks because so many of the kids across all races and genders played the circle game when they had their pictures taken. The school didn't want to hurt any feelings or have their students called out, so they forked out the money to reprint. From the article: “Let me be clear: it is fully believed that the intent of the students in the photographs was to be playful, as the Circle Game was actively being played around many campuses this academic year, including ours,” Devine wrote.
One of my coworkers taught at the Naval Academy for several years. I asked her what she thought of the whole thing. She said young men that age are idiots a lot of the time; their frontal cortex is not yet fully formed, and the academy is used to dealing with their foolishness. It will be investigated and dealt with, but if they kicked out everyone that did something dumb, they'd hardly have anyone left. She also said that midshipmen at Annapolis are very insulated from the world at large. They have very little free time or exposure to news outlets or social media because they are so incredibly busy; their time is very structured and not their own. So they may not be aware that a media storm has been brewing over the ok symbol for the last few months. Just her insider's view.
One last thing - an ADL spokesman says:
Speaking in general, Pitcavage said it’s important to not leap to conclusions when someone makes the OK sign.
“You cannot assume. That’s the whole problem,” he said. “You absolutely cannot assume what someone is doing when they make the OK sign unless there is contextual information. If the person making the sign is a known white supremacist, then one may assume. If the person making the sign has hate symbols on their clothes, or tattoos or jewelry, perhaps one can make an assumption. But in the absence of contextual evidence, you can’t assume.”
An investigation will uncover if the boys were A) just being doofuses, or if B) they are in fact racists, and the punishment will fit the crime.
Source for quoted material:
https://www.chicagotribune.com/lifestyles/ct-life-ok-sign-racist-05282019-story.html