 Solution

True with the stated Conway normalization. Fix $t^{1/2}=i$ at $t=-1$. The Jones polynomial skein relation becomesThe Conway polynomial satisfies ${\nabla }_{L_{+}}(z)-{\nabla }_{L_{-}}(z)=z{\nabla }_{L_0}(z)$. Put $W_L=(-1{)}^{\ell (L)-1}{\nabla }_L(2i)$. An oriented smoothing changes the number of components by one, so these quantities satisfy precisely $W_{L_{+}}-W_{L_{-}}=-2i{W}_{L_0}$. Both $W$ and $V(-1)$ are one on the unknot and zero on every multi-component unlink: for $V$, the split-union factor vanishes at this substitution.

These skein relations and unlink values determine the invariants uniquely. Switching a first undesired crossing gives a diagram closer to a descending diagram, while the smoothing term has fewer crossings; induction first on crossing count and then on undesired crossings reduces everything to unlinks. Thus $W_L=V_L(-1)$. For a knot there is one component and the Conway-normalized Alexander polynomial givesThis is the signed Jones evaluation at minus one. Replacing ${\Delta }_K$ by an arbitrary Laurent unit multiple would destroy the signed conclusion.