SoapUI-5.7.0 fails to start on Mac M1 macOS Ventura 13.0.1

I'm getting same issue on Mac M1 macOS Ventura 13.4.1.

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= SOAPUI_HOME = /Applications/SoapUI-5.7.0.app/Contents/java/app
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Java HotSpot(TM) 64-Bit Server VM warning: Ignoring option --illegal-access=permit; support was removed in 17.0
Configuring log4j from [/Applications/SoapUI-5.7.0.app/Contents/java/app/bin/soapui-log4j.xml]
14:37:25,510 INFO  [DefaultSoapUICore] Creating new settings at [/Users/oliverxu/soapui-settings.xml]
Exception in thread "AWT-EventQueue-0" java.lang.ExceptionInInitializerError
	at com.eviware.soapui.impl.wsdl.support.http.HttpClientSupport.<clinit>(HttpClientSupport.java:131)
	at com.eviware.soapui.DefaultSoapUICore.initSettings(DefaultSoapUICore.java:376)
	at com.eviware.soapui.SwingSoapUICore.initSettings(SwingSoapUICore.java:99)
	at com.eviware.soapui.DefaultSoapUICore.init(DefaultSoapUICore.java:143)
	at com.eviware.soapui.StandaloneSoapUICore.<init>(StandaloneSoapUICore.java:38)
	at com.eviware.soapui.SoapUI$SoapUIRunner.run(SoapUI.java:793)
	at java.desktop/java.awt.event.InvocationEvent.dispatch(InvocationEvent.java:318)
	at java.desktop/java.awt.EventQueue.dispatchEventImpl(EventQueue.java:773)
	at java.desktop/java.awt.EventQueue$4.run(EventQueue.java:720)
	at java.desktop/java.awt.EventQueue$4.run(EventQueue.java:714)
	at java.base/java.security.AccessController.doPrivileged(AccessController.java:399)
	at java.base/java.security.ProtectionDomain$JavaSecurityAccessImpl.doIntersectionPrivilege(ProtectionDomain.java:86)
	at java.desktop/java.awt.EventQueue.dispatchEvent(EventQueue.java:742)
	at java.desktop/java.awt.EventDispatchThread.pumpOneEventForFilters(EventDispatchThread.java:203)
	at java.desktop/java.awt.EventDispatchThread.pumpEventsForFilter(EventDispatchThread.java:124)
	at java.desktop/java.awt.EventDispatchThread.pumpEventsForHierarchy(EventDispatchThread.java:113)
	at java.desktop/java.awt.EventDispatchThread.pumpEvents(EventDispatchThread.java:109)
	at java.desktop/java.awt.EventDispatchThread.pumpEvents(EventDispatchThread.java:101)
	at java.desktop/java.awt.EventDispatchThread.run(EventDispatchThread.java:90)
Caused by: java.lang.NullPointerException: ProxySelector must not be null.
	at com.btr.proxy.selector.whitelist.ProxyBypassListSelector.<init>(ProxyBypassListSelector.java:39)
	at com.btr.proxy.selector.whitelist.ProxyBypassListSelector.<init>(ProxyBypassListSelector.java:54)
	at com.btr.proxy.search.desktop.osx.OsxProxySearchStrategy.installExceptionList(OsxProxySearchStrategy.java:224)
	at com.btr.proxy.search.desktop.osx.OsxProxySearchStrategy.buildSelector(OsxProxySearchStrategy.java:141)
	at com.btr.proxy.search.desktop.osx.OsxProxySearchStrategy.getProxySelector(OsxProxySearchStrategy.java:113)
	at com.btr.proxy.search.desktop.DesktopProxySearchStrategy.getProxySelector(DesktopProxySearchStrategy.java:34)
	at com.btr.proxy.search.ProxySearch.getProxySelector(ProxySearch.java:193)
	at com.eviware.soapui.impl.wsdl.support.http.ProxyUtils.setGlobalProxy(ProxyUtils.java:191)
	at com.eviware.soapui.model.propertyexpansion.PropertyExpander.<clinit>(PropertyExpander.java:80)
	... 19 more