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This is CNN breaking news.

And welcome to the lead.

I'm Jake Tapper.

At any moment, we will learn whether music mogul Sean Diddy Combs will walk out of the courthouse today free from custody while he awaits sentencing.

Combs has been in jail since last September, and a bail hearing to determine his future is set to start right about now.

CNN reporters are inside the courtroom, ready to bring us updates as they happen.

This morning, a jury acquitted combs of the most serious charges in the government's sex trafficking

and racketeering trial against him while convicting him of two lesser charges.

A judge will weigh arguments from Diddy's lawyers and the prosecution, which includes this letter from the lawyer for Cassie Ventura, victim one in the case, who writes, quote, Ms. Ventura believes that Mr. Combs is likely to pose a danger to the victims who testified in this case, including herself, as well as to the community, unquote.

Here is a look at what the music mogul was and was not convicted of that

we learned today. Count one, racketeering conspiracy, he was found not guilty. That was the most

serious charge. It could have meant life in prison. Counts two and four, sex trafficking by

force, fraud, or coercion pertaining to victim one, Cassie Ventura.

...