K 1-6 is a photoionised ISM nebula shaped by a fast-moving hot white dwarf in a triple system
K 1-6 has long been classified as a planetary nebula (PN) hosting a binary central star, yet it has remained poorly studied due to its faintness. The central star exhibits pronounced photometric variability whose origin has so far been unclear. We aim to present a comprehensive characterisation of the K 1-6 system, including the physical properties of its stellar components and the nature of the surrounding nebulosity. We conducted a multi-wavelength analysis combining optical and UV spectroscopy obtained with the Gran Telescopio Canarias, the Telescopio Nazionale Galileo, the Nordic Optical Telescope, and the Hubble Space Telescope. We also present long-term multi-band ground- and space-based photometry, including high-cadence data from the Transiting Exoplanet Survey Satellite, narrow-band imaging, and the latest astrometric constraints from Gaia. Our results show that the nebula is not a remnant PN, but instead consists of interstellar medium photoionised by a hot white dwarf, which is relatively evolved. It has a cooling age of 1-2 Myr, implying that any original PN has long since dissipated. We further find that the central object is a hierarchical triple system, comprising an inner binary with an orbital period likely of the order of thousands of days and a distant tertiary companion on a timescale of tens of thousands of years. The optically dominant cool component of the inner binary is an inflated K-type star displaying extreme magnetic activity, including large-amplitude variability and flaring. Its properties resemble those of BY Dra-type binaries and Abell 35-type systems, and are difficult to reconcile with single-star evolution, pointing instead to a history of binary interaction.