I'm also having the same issue on an apple silicon MacBook in Monterey and in addition I get a system overload error when playing back my project for the first time. It looks like as it tries to load multiple instances of the Synchron Player (in Logic Pro 10.7 when playing back the track for the first time it gets overloaded. After the initial error it seems to run fine and subsequent playbacks have no further issues.

EDIT: Regarding the system overload issue, in Preferences>Audio, changing the Process Buffer Range from medium to large fixed the problem in Logic, thanks to vsl support for the suggestions, leaving it here in case anyone else has the problem