What about that placement makes it cool without socks exactly? It's just a shitty ankle tat, nothing special about the placement other than the fact that you can tell they only got it there because it would be easy to cover up
Maybe it symbolises them changing their ways after being racist in the past, hence throwing it away? I can’t say it looks particularly great but it could mean more to the person themselves. Just speculation
edit: coming back I realise you are focusing on the placement, so apologies if my reply is out of place. Though I’m going to leave the comment anyway
Reminds me of when I used to go to punk shows and seeing everyone with anti-nazi badges that had a swastika crossed out but in the dark it just looked like a normal swastika