Cranks and wont start ongoing issue

Know what? You might have a SHORTED ignition coil.

Pull all wires off the coil. Measure resistance across the two terminals, and check for resistance to ground (coil case) which should be infinite. Post results back

What coil are you using?

Also is there ANYTHING else hooked to the coil? If you have a radio supression cap, and or a tach wire, I would disconnect both until you get this sorted.