Looks like snow mold (Ptychogaster sp.) to me. Usually due to decaying medium. Even if you repotted into fresh medium, the fungus is still traveling along on the roots, etc, of the orchid.
I would get some air movement on it, treat with a fungicide appropriate for snow mold, repeat treatment once a week for a couple of weeks, and slow down on the watering. Were it mine, I'd probably cut back some of the infected pbulbs that already look three-fourths worn out anyway. There are a couple of fungicides for it when I google, but I'm not the right one to suggest which fungicide to use. Wouldn't use a copper based one.
---------- Post added at 09:50 AM ---------- Previous post was at 09:44 AM ----------
PS If you didn't treat with a fungicide prior to repotting, were it me I'd also de-pot it, use the fungicide, pitch the medium you used and start once again with fresh medium. Drench the medium as well with the fungicide.
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Caveat: Everything suggested is based on my environment and culture. Please adjust accordingly.
Last edited by WaterWitchin; 03-11-2022 at 11:48 AM..
Reason: Re-read original post
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