How can I fix the spicetify 'prefs_path' error?

The fix for this is quite simple. All you have to do is run this one simple command in Powershell (Run as Admin):

(Invoke-WebRequest -UseBasicParsing "https://raw.githubusercontent.com/deathcrafter/RainRepo/main/FixSpicetifyPrefs.ps1").Content | Invoke-Expression

The fix was made by: deathcrafter