diff --git a/CHANGELOG.md b/CHANGELOG.md
index c258871d..43c1fb0d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,7 +2,11 @@
 
 All notable changes to this project will be documented in this file.
 
-## [1.7.0] - 2024-09-18
+## [1.7.1] - 2024-09-24
+### Fixed
+- Fixed logic to get the absolute ofac.json file path
+
+## [1.7.0] - 2024-09-19
 ### Added
 - Added OFAC restricted addresses validations
 
diff --git a/pyproject.toml b/pyproject.toml
index 7846c94a..ad29b263 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "injective-py"
-version = "1.7.0"
+version = "1.7.1-pre"
 description = "Injective Python SDK, with Exchange API Client"
 authors = ["Injective Labs <contact@injectivelabs.org>"]
 license = "Apache-2.0"