Yes, any laptop without an encrypted storage drive will have its data accessible by someone booting from a live USB.
It really is a massive vulnerability, but it’s not well known because so few people even understand the concept of a ‘live USB’ to make it a widespread threat or concern.
So yeah, if you’re ever in possession of a Windows machine that doesn’t have an encrypted disk, you can view the users’ files without knowing their password via a live USB.
It’s also not limited to laptops.
These Linux computers are always scams.
We get worse hardware for higher prices, and they don’t even have to pay for the OS.