After I press Enter to login in launcher there is a gear icon and “Loading…” and it remains stuck.
Mine has been doing this for 2 days also. There’s at least one other thread with people reporting this issue as well.
EDIT I am launching the game via Steam. When launching via Steam you are always prompted to log in an account before the “loading bug” appears. If you simply click cancel and do not attempt to log in an account you are presented with your saved accounts without the loading animation appearing at all, thus bypassing the problem.
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