Even Im also facing same issue.Im using Xcode 12.4, this occurred when I try to upgrade swift 4.2 to 5.
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Hi,I'm also facing this issue.But no luck with above solutions.I'm using Xcode 11.2.1 version I downloaded my profile with some new changes and I downloaded it.when I try to open it, I got an alert in xcode as "Xcode encountered an error"Can you help on this.