Upon trying to load a session on the state "Loading Lua...", it crashes.
Upon opening it with WinDbg, it is revealed that the problem hides in VPhysics.dll.
Attempting to remove and verify integrity didn't fixed the issue.
It also points at an issue "BAD_INSTRUCTION_PTR_INVALID_POINTER_READ_c0000005_vphysics.dll!Unknown"; May or may not relate to the problem though.

The logs show:
Executable: D:\SteamLibrary\steamapps\common\GarrysMod\bin\win64\gmod.exe

-Lua Stack Traces-
==================
Client
*Not in Lua call OR Lua has panicked*

Server
*Not in Lua call OR Lua has panicked*

MenuSystem
*Not in Lua call OR Lua has panicked*