Unable to Unlock Vault on MacOS BigSur

I recently upgraded to macOS “Big Sur” but this is the first time I attempt to unlock my vault since the upgrade to Big Sur. I’m not sure if this is related to the upgrade, but suddenly I am no longer able to unlock my vault which is located on iCloud Drive. When I attempt to unlock, I receive “an unexpected error occurred” message and spits out a error debug log which basically appears that it’s unable to mount the FS and returns error code 1.

org.cryptomator.common.vaults.Volume$VolumeException: Unable to mount Filesystem
at org.cryptomator.common.vaults.FuseVolume.mount(FuseVolume.java:107)
at org.cryptomator.common.vaults.FuseVolume.mount(FuseVolume.java:58)
at org.cryptomator.common.vaults.Vault.unlock(Vault.java:129)
at org.cryptomator.ui.unlock.UnlockWorkflow.attemptUnlock(UnlockWorkflow.java:103)
at org.cryptomator.ui.unlock.UnlockWorkflow.call(UnlockWorkflow.java:80)
at org.cryptomator.ui.unlock.UnlockWorkflow.call(UnlockWorkflow.java:43)
at javafx.concurrent.Task$TaskCallable.call(Task.java:1425)
at java.base/java.util.concurrent.FutureTask.run(Unknown Source)
at java.base/java.util.concurrent.Executors$RunnableAdapter.call(Unknown Source)
at java.base/java.util.concurrent.FutureTask.run(Unknown Source)
at java.base/java.util.concurrent.ThreadPoolExecutor.runWorker(Unknown Source)
at java.base/java.util.concurrent.ThreadPoolExecutor$Worker.run(Unknown Source)
at java.base/java.lang.Thread.run(Unknown Source)
Caused by: org.cryptomator.frontend.fuse.mount.CommandFailedException: ru.serce.jnrfuse.FuseException: Unable to mount FS
at org.cryptomator.frontend.fuse.mount.MacMounter.mount(MacMounter.java:45)
at org.cryptomator.common.vaults.FuseVolume.mount(FuseVolume.java:105)
… 12 more
Caused by: ru.serce.jnrfuse.FuseException: Unable to mount FS
at ru.serce.jnrfuse.AbstractFuseFS.mount(AbstractFuseFS.java:287)
at org.cryptomator.frontend.fuse.mount.MacMounter.mount(MacMounter.java:43)
… 13 more
Caused by: ru.serce.jnrfuse.FuseException: Unable to mount FS, return code = 1
at ru.serce.jnrfuse.AbstractFuseFS.mount(AbstractFuseFS.java:283)
… 14 more

See here: Big Sur - Cannot open vault anymore

Please update Fuse