What matters is that a bunch of racists used it like it was, which makes it a racist thing.
It isn't used as a dogwhistle and it's presence implies that the clown pepe is being used for inflammatory purposes rather than racist ones which, while still bad, is nowhere near as big an issue.
Also, please scan any files you may have downloaded from this user before using them.
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Belle Delphine is the online pseudonym of United Kingdom-based cosplayer and model Mary-Belle Kirschner, who gained much internet notoriety for posting videos and photographs of herself performing ahegao faces.
Context matters, and the current context is that racists such as the Christchurch shooter are using the ok hand symbol and Pepe shit.