All of the following statements are true regarding lipoproteins except

Increased blood cholesterol is associated with increased LDL receptors  Increased blood cholesterol (hypercholesterolemia) causes downregulation of LDL receptors. VLDL transports endogenous lipids (especially TGs) LDL transports lipids (especially cholesterol) to extrahepatic tissues. Increase HDL is protective against cardiovascular diseases.