This is likely the beginning of the end of Bitconnect and similar lending programs, for U.S. residents. The banksters will have their way (for now).
I am planning to pay taxes on my gains, once I convert them back to $USD. But....
I was thinking the same, but, what we've already seen, is, govt can only maybe stop people from making new loans / deposits. How could they possibly stop Bitconnect from paying out to people?
Banning stuff doesn't erase things from existence.