Considering the ‘kekistan’ flag’s design roots, and how this particular gear piece used the same KKK imagery that it did(the square of Ks is an older KKK emblem, and the ‘kekistan’ flag just put the E lines inside it), I absolutely 100% will not believe that no one at Bungie was aware of this at all. The person responsible for the design itself at least knew exactly what they were doing.
They’re not taking responsibility for this, they’re just removing it and going “whoops, what a weird accident”. I hope that, internally, they’re looking into this more deeply and taking the appropriate action.
But I bet they aren’t.