I doubt customer liabilities are over $10 million, but I don't know how bad it is in total. I'm sure it's bad though.
I don't doubt it. We know for a fact that Liquidbits alone is owed $6 Million. The other customer creditors in that court room were owed at least a couple million between them and that's just the people who have seen fit to get a lawyer.
She was shown financials that put X value on assets and hadn't accounted for all the liabilities, because those were the numbers that existed at the time. The value of a chip over the last few months has a lot of room for debate. The value of a gigahash has plummeted rapidly. Very few rank and file people at the company had a grasp on the economics of mining. Hell, most people who are miners don't have a grasp on it. For the most part I would say top management and some of the core tech team does have a pretty good grasp on it. But they had a certain overestimation of how strong their lead was and what the company could really pull off with the cash from preorders.
So previously you indicated that you were sure this wasn't fraud and now you are saying that rank and file employees were shown phony numbers to get them to go out and make statements that the company was doing well. That sure sounds like fraud to me. In fact that sounds like exactly what Hashfast has been doing from day one lying their butts off and deceiving customers.