Oxidation is what makes LDL recognizable to scavenger receptors. It's immediately eliminated from the blood.
We can actually wash our hands of LDL discussion because we have a better marker for atherosclerosis: Apolipoprotein B.
Even though LDL is a proxy for Apo B (you basically can't have high LDL and low Apo B nor vice versa), it's better to focus on Apo B which is carried by lipoproteins like LDL and is more causally linked in CVD.