PS Version 24.1.0, MacOS Monetary.
It's a camera profile bug. When choosing the Camera Matching profiles, if you choose the VV2 profile (by Sony cameras like A7 IV, A1, A7S III and A7R V, a strange and unacceptable color artefact would appear, especially in the skin tone area:
Left: VV2 matching profile selected
Right: Adobe Color profile selected.