The possibility of Donald Trump winning the November elections has raised speculation about the dismissal of several Securities and Exchange Commission (SEC) crypto lawsuits, as suggested by a crypto lawyer. However, there are concerns about Trump's track record of not fulfilling promises.

Crypto lawyer James Murphy, also known as "MetaLawMan," advised against settling any ongoing crypto cases with the current SEC until the election outcome is clear. Murphy anticipates significant changes at the SEC under a potential Trump administration, especially regarding crypto-related matters.

Recent statements from Trump positioning himself as supportive of the crypto industry, claiming the U.S. should lead in this sector, and even offering to commute the sentence of Silk Road founder Ross Ulbricht if elected, have sparked discussions about potential voluntary dismissals of SEC-initiated crypto cases lacking fraud or victims.

On the contrary, some voices like Adam Cochran from Cinneamhain Ventures and Alexander Blume from Two Prime hedge fund express skepticism about Trump's intentions, citing his history of reneging on promises and prioritizing personal interests over others. Fact-checking data from PolitiFact reveals Trump's mixed track record in fulfilling campaign promises.

Despite Trump's past negative comments on cryptocurrencies, including labeling them as based on thin air and a potential disaster, some like crypto lawyer Gabriel Shapiro argue that his social media remarks do not equate to the regulatory actions taken by the Biden administration against crypto.

Mike Dudas, founder of The Block turned venture capitalist, acknowledges his personal dislike for Trump but recognizes the potential impact of Trump's promises on his ability to support his family and the broader crypto ecosystem. Polling data shows a slight lead for Trump over President Joe Biden in the 2024 presidential election.