Diddy has just pleaded not guilty to all charges against him.

The beleaguered tycoon made his first appearance in federal court in lower Manhattan on Tuesday afternoon … where, as expected, he entered a plea of ​​not guilty. The most pressing issue for Diddy was whether the judge would grant him bail.

Diddy offered to pay a staggering $50 million as security. He didn’t want to pay that amount in cash — instead, he offered his $48 million Miami mansion and his mother’s house as collateral … and said he was willing to wear a GPS monitor and limit his travel to South Florida and the NYC area.

The trial is still ongoing and a judge has yet to rule on the issue of bail.

If found guilty, Diddy faces a minimum sentence of 15 years, with a statutory maximum of life in prison, so the stakes are incredibly high for him.

The Public Prosecution Service believes that Diddy is a flight risk and does not want to release him on bail.

It will be interesting to see how the judge rules.