Someone I know locally recently had a similar thing happen.
He bought one of those 5.25" + 3.5" adaptor/splitter power cables from the
local PC retailer.
Turns out the 5V and 12V wires on the 3.5" connector were swapped, which wrote off his high density floppy drive.
Cable was unbranded aside from "Made in Taiwan". Ahhh, the land of superior quality control.
He took it back to the shop, explained his situation and they forked out for a new Amiga HD floppy drive.
I really didn't expect they'd do it, but some places try to go overboard with good customer service.
Your situation seems pretty nasty. Sounds like it's given 12V to all the 5V logic which would have done a *lot* of damage :-(