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Sequential SVGs are incorrectly identified as PLI format upon ingest
The system tries to make a PLI (palette) file for the SVG and it isn't creating it correctly for some reason so when it tries to find it, it fails, hence the error.
In 1.3.1, the pli file is created for the sequenced SVG. The crash is a mystery and likely still an issue with 1.2.1 if it read the sequenced SVG correctly.
My guess is the recognition of sequenced SVG was broken in one of the relatively recent PRs addressing sequenced files that was merged after 1.2.0 came out.