Diddy Pleads Not Guilty To Sex Trafficking, Racketeering, Kidnapping Charges

Diddy just pled not guilty to all the charges against him.

The embattled mogul made his initial appearance in federal court Tuesday afternoon in Lower Manhattan ... where he entered a not-guilty plea, as expected. The more pressing issue for Diddy was whether or not the judge would let him out on bail.

Diddy offered to fork over a staggering $50 million as bond. He wouldn't pay that amount in cash -- instead, he offered his $48 million Miami mansion and his mother's home as collateral ... and said he was willing to wear a GPS monitor, and limit his travel to South Florida and the NYC area.

The court hearing is still going on and a judge has yet to rule on the issue of bail.

If convicted, Diddy's facing a minimum sentence of 15 years, and a statutory maximum of life in prison. So, the stakes are incredibly high for him.

Prosecutors believe Diddy is a flight risk here and they don't want him out on bail.

It will be interesting to see how the judge rules.

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