No, it's not Ken's job to distribute the coin.

What he has said is that he is using Company and Corporate law to declare lien upon Ukyo's ACtM shares. Ukyo has accepted all the shares should be sold. Ken has also said he is selling the shares to recover ACtM losses and according to the laws of lien he is entitled to recover only ACtM's losses and costs. Any surplus (shares or BTC) will be handed over to a third party I would assume. Ken does not have the time to organise distribution himself.

Edit - he has taken legal advice on this so is following that advice.

That's all I'm going to say on this on this thread, if you want to keep checking the ACtM thread for updates please do.