Meta XR Audio SDK Error Failed to process error

I have a VR project in UE and I want to use the Meta XR Audio plugin along with it with Spatialisation enabled. I've an animation in the scene with audio connected it. I followed the basic recommended settings in the documentation under Spatialisation and Acoustics, On running it in UE, the project works fine when it is played, however this error is looping in the background which causes the engine to crash. The crash is inconsistent, but the error is constant even after the play is stopped. Has anyone faced this issue? Or might know how to fix it? 

UE Version: 5.4

Headset: Oculus Quest 3