I am only trying to connect to a local server in my own network.
I get this issue as well when trying trying to connect from Windows 10 clients with Java Edition 1.16.2, no mods, vanilla server/client.
it differs, but it is all kinds of bad packet, wrong number of bytes received, etc.
I am having the same issue. I logged out and logged back into the mojang account. The launcher ignored the "launcher_profiles.json" file and only cares about the "launcher_accounts.json" file now.
this aspect of launcher_profile doesn't even change when i restart the launcher ( like it used to )
I have the same launcher version and am also on Windows 10.