I can find numerous past articles that tried the same thing. In November of last year which was like 10 months ago the articles were pointing to the distribution starting in a few months.
https://markets.businessinsider.com/news/currencies/mt-gox-bitcoin-settlement-payouts-9-billion-dollars-early-2022-2021-11
Maybe it will happen by the end of the year, maybe not.
AFAIK they will be sending people fiat money not bitcoins so they will sell these, but I doubt they will just dump it all on one exchange. That would be foolish and would mean losses for the people who are supposed to be paid back.
Here is the official document so that everyone can see,
https://www.mtgox.com/img/pdf/20220706_announcement_en.pdf
So it's either the recipient has choice of lump sum repayment, cash, bitcoin and or bitcoin cash.
Chances are there will be will availing of the lump sump here, and maybe few on crypto as they have suffered enough of waiting for years. And with that said, cash will be the better options, unless they still want to go to and hold their bitcoin and or bitcoin cash in this bear market.
And there is also an assignment, meaning not all claimants will get everything at the same time (cash or crypto). Going to be a slow process for August up to the end of the year or when all payments have been made.
And thanks to this kind of FUD, members are now well aware as to what will go down to this Mt. Gox repayment program if it has an effect on the market to put it below the last lowest low of $17,500.