I know NOTHING about "coral mushrooms" but suspect as already mentioned that what you ate as a child was likely something different and this was the "local" name for it.
Again. I know nothing about mushrooms, only that even those supposedly skilled in wild foraging, children and pets die from accidentally or intentionally consuming them every year, here.
But, you mention a curious query as to native or indigenous populations... I too wonder if this has relevance. We do see this in lots of edibles, such as
milk. Certain populations have low incidences of lactose intolerance (northern Europeans) and others higher incidences (equatorial/African) is it possible that a mushroom labeled toxic may not be so, for all, from a heritage or genetic perspective? Could it be that generational exposure over centuries could allow some to have evolved and changed to adapt to
local foodstuffs? I
think that makes perfect sense, and be entirely possible, in this case.
There are also widely varying degrees on the toxicity scale dependent on the amount eaten, and how it is prepared. It could be this is a low toxicity species, and unless consumed by a very small person (child?) or in large quantities, or if cooked in a particular manner it can be safely consumed in moderation. Plus, the definition of toxic in mushrooms does not mean deadly; it seems to reference any sort of negative reaction, ranging from a simple "upset" tummy to complete failure of one or more vital organs causing permanent damage or even death.
Still, mushrooms are a fickle
fungi, unless 100% positive with an ID and safety of wild grown mushrooms, it would be wise to err on the side of caution. Most communities have local experts/college that can verify WHAT type of mushroom this is. Until that is done I suggest extreme caution.
***all this is based on research done when I get the "my dog ate this (plant/berry/mushroom) is it dangerous" call.
There is a FB Group, primarily for medical professionals (human or animal), where an extensive
volunteer group of experts triage such inquiries (no public input is allowed) from around the world. They are essentially poison control for any sort of vegetation or fungi; dealing with only credible, known ingestions (they will NOT respond to generic or non-life threatening queries and rapidly delete such posts).
They first identify the plant matter, the toxicity, and (based on quantity consumed and size of the patient) provide their opinion on the risk. They then identify the toxic agents, and what systems (heart, lung, kidney, liver, and/or brain) the toxins MAY affect and the accompanying symptoms. They DO NOT provide medical advice; only inform the Doc of what toxins are present and the systems they will target.
This provides the critical information the medical personnel uses to decide how best to treat the patients current, evolving and/or expected symptoms AND determine the best measures to counter the actions of the specified toxins (vomiting, flushing, meds, supportive care etc.).