Monero is an option and as I understand it, they can't go after the miners because the miners don't know what they are mining but they can go after the exchanges this time because they are also paying taxes and nearly all of them enforcing the KYC rules which kills the purpose of owning monero in the first place.
Which would be the point where people would start bypassing KYC and migrate to decentralized exchanges.
How are those decentralized exchanges gonna cash you out without knowing your name and IBAN? People who do these transactions will be targeted this time. When people move to dex, the volume will skyrocket there. I don’t think you can get in and out so easily when that happens.