7. Toxic chemicals, free radicals, pathogens, trans-fats and other damaging agents you’re exposed to end up in your blood stream, where they damage the endothelium – the razor-thin lining of your blood vessels. When endothelial cells need to be repaired, your liver sends LDL to the site, and when the healing process concludes, HDL carries the spent LDL particles back to the liver to be removed from your body.
https://heartmdinstitute.com/heart-health/facts-about-choles...
The system for importing cholesterol can't run continuously or else it might cram the cell full of cholesterol, so there needs to be a way of turning it off (or at least slowing it down) when levels are satisfactory. PCSK9, the gene that they targeted, does just that.
So it's not a "gene for high cholesterol" per se - but if you delete it, cells will import more cholesterol, thus lowering the levels in the blood. I really don't know much about this system, but I imagine you'd have to combine this modification with a low-cholesterol diet or else it might have an adverse effect on the modified cells.
Coming out with the ability to absolutely wreck a competitor’s blockbuster drug with a gene edit is probably not entirely an innocent coincidence.