I think the hoax theory isn't going to work for him since his supporters and those around him are the ones who pushed the story the hardest. Connecting the dots, I think there is a good chance he was involved in some horrible things. At the very least, I think he knew what was happening and is covering it up. I also think we'll never know what happened. Wealthy powerful people pretty much always get away with everything. Even if the women revealed names, they'd be called liars and maybe intimidated or bribed into changing their stories. Keeping the story in the news and hurting Trump politically and legacy-wise is probably the maximun we could hope for.