Check the kill wire
It should be open for the engine to run and ground to stop the engine
All of the safety switches apply a ground connection to that wire to stop the engine
The Hall effect chip that times the coils works on the negative side of the induced voltage so if it see the smallest amount of + voltage the circuit gets fried
People not familar with magnetos think it is a Kettering ignition and will "test" the coils by flicking battery power to the kill wire which confirms the coils are toast
Do you still have the original coils ?
did you check them kill wire removed ?